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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 7 sources · 3 days · First seen · Last updated
Brazil CVM securities tokenization pilot
Overview
The Brazilian Securities and Exchange Commission (CVM) has proposed a 60-day pilot program to test the tokenization of securities using distributed ledger technology (DLT). Managed by the Tokenization Working Group (GTT), the initiative aims to simulate the full lifecycle of digital securities, including issuance, registration, trading, settlement, and custody.
The pilot will involve various financial instruments such as stocks, corporate bonds, receivables, and investment fund shares. To prevent market disruption, the program will utilize virtual assets and simulated transaction data rather than real securities or investor funds. The goal is to identify technical, legal, and operational challenges, such as cybersecurity risks and smart contract errors, to inform future regulatory frameworks and potential legislative improvements.
Entities
Brazil · CVM · Otto Lobo · Banco Central · UNI FY
Timeline
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13 days ago
[BUSINESS] 2 sourcesBrazil's CVM proposes pilot for securities tokenizationBrazil's CVM is proposing a 60-day pilot to test the tokenization of stocks and bonds using distributed ledger technology, utilizing virtual assets to evaluate the security and legality of digital asset lifecyl
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15 days ago
[BUSINESS] 5 sourcesBrazil fintech UNI FY to pilot Pix Consignado; CVM proposes DLT tokenizationUNI FY to pilot a Pix Consignado digital credit solution in October 2026, while Brazil's CVM prepares a DLT pilot to test the tokenization of securities like stocks and debentures.
Sources
blockchainseoul.kr · exame.com · leianoticias.com.br · livecoins.com.br · oglobo.globo.com · tokenpost.kr · valor.globo.com