Mercado Bitcoin partners with Wormhole to expand tokenized asset reach

Mercado Bitcoin has announced a partnership with Wormhole to drive the expansion of more than $200 million in tokenised financial assets across a vast, multichain landscape.

As Brazil’s largest crypto exchange with over four million clients, Mercado Bitcoin has steadily cultivated a diverse portfolio of tokenized offerings that span private credit and other fixed-income products.

Expanding asset issuance to over 30 blockchains

By integrating Wormhole’s cutting-edge interoperability protocol, the Rio-based exchange seeks to streamline asset issuance and trading on more than thirty distinct blockchain ecosystems.

This partnership arrives at a critical juncture for Latin American markets, where liquidity obstacles and regulatory uncertainty have often constrained institutional participation in on-chain finance.

Fabrício Tota, Mercado Bitcoin’s Vice President of New Business Development, emphasised that the collaboration “marks a pivotal step” toward democratizing access to digital assets beyond national and regional borders.

The Wormhole Foundation, renowned for supporting over $3 billion in multichain tokenised assets under management, views its strategic investment in Mercado Bitcoin’s tokenised product as a gateway to Latin America’s burgeoning digital economy.

Dan Reecer, co-founder of Wormhole, noted that deepening the foundation’s presence in the region reinforces its mission to provide robust infrastructure for institutional-grade asset scaling.

Details of the deal

Through this alliance, Mercado Bitcoin aims to unlock secondary markets for private credit, where transparency and counterparty confidence have long lagged behind more established asset classes.

Institutional investors, previously deterred by fragmented markets and cross-chain friction, will benefit from a unified, on-chain experience engineered by Wormhole’s interoperability solutions.

The integration will also allow issuers to mint, transfer, and reconcile tokenised assets with greater efficiency, bolstered by advanced auditing and compliance features built into the Wormhole protocol.

Market observers suggest that this move could catalyse similar partnerships across Latin America, as regional exchanges seek to emulate Mercado Bitcoin’s model of blending traditional finance with decentralised technologies.

In an era where tokenisation is redefining asset ownership, Mercado Bitcoin’s embrace of Wormhole underscores a wider shift toward programmable financial instruments that can be tailored to investor needs.

Moreover, the alliance arrives amid growing regulatory clarity in Brazil, where the government has signalled a willingness to foster innovation within a structured legal framework for digital assets.

Mercado Bitcoin’s broader play

Earlier this year, Mercado Bitcoin secured approval from local authorities to launch tokenised fixed-income products, laying the groundwork for today’s multichain expansion.

Wormhole’s participation goes beyond technical integration, as the foundation will also offer advisory support to navigate emerging compliance and custody standards.

This holistic approach is poised to resonate with global asset managers and family offices seeking secure, scalable exposure to Latin American credit markets.

By simplifying cross-chain movements and reducing operational bottlenecks, the platform promises to enhance price discovery and deepen market depth for tokenised securities.

As investors increasingly demand real-time settlement and automated corporate actions, the Mercado Bitcoin–Wormhole partnership stands to set new benchmarks for digital asset infrastructure.

Looking ahead, the two organisations plan to explore additional phases of collaboration that could encompass tokenised equities, real estate, and other asset classes currently underrepresented in on-chain markets.

With a combined vision of accessibility and institutional rigour, Mercado Bitcoin and Wormhole are charting a new course for tokenised finance in Latin America and beyond.

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