Asset tokenization is a hot area in Brazil. In December, Brazil’s only stock exchange, B3, said it was exploring opportunities in the asset tokenization, digital asset custody and crypto-as-a-service (CaaS) segments. And last week, Itaú Unibanco, Brazil’s largest private bank, announced its plans to launch an asset tokenization platform that transforms traditional finance products into tokens.
Source: https://www.coindesk.com/business/2022/07/20/brazilian-fintech-bee4-to-launch-first-local-tokenized-stock-marketplace/?utm_medium=referral&utm_source=rss&utm_campaign=headlines