Brazilian Stock Exchange B3 to Launch Tokenization Platform and Stablecoin in 2026
The Brazilian stock exchange B3 plans to launch a tokenization platform and its own stablecoin in 2026 to facilitate the trading of tokenized assets with shared liquidity. Both the tokenization platform and stablecoin will use a single liquidity pool to support trading across the tokenized and traditional systems, as explained by B3 Vice President Luiz Masagão.
The stablecoin is expected to be linked to the Brazilian real (BRL) and will function as a settlement tool within the tokenized environment. The tokenization platform aims to tokenize real-world assets (RWA) and enable their trading on B3.
The RWA market has grown significantly, reaching over $18 billion this year, with the majority of tokenized assets being commodities and U.S. Treasury debt.
B3 is also expanding its crypto derivatives offerings, including products such as weekly options on Bitcoin, Ethereum, and Solana, as well as event-based contracts tied to crypto prices, which are currently under review by Brazil's securities regulator, CVM.
Since 2021, B3 has offered various crypto-related products, including a crypto exchange-traded fund (ETF) first listed in April 2021. This ETF currently has about 600,000 investors holding approximately $2.4 billion in assets under management. Additionally, asset manager Valour listed four new exchange-traded products (ETPs) on B3 earlier in December 2025.
