Latin America’s largest financial exchange B3 (Brasil, Bolsa, Balcão) is expanding its range of digital asset products, with plans to launch a tokenization platform for traditional assets and its own B3 stablecoin, according to the exchange’s Bora Investir education platform.
The listed bourse, which has a market capitalization of around $14bn, already has an array of digital asset offerings, including Exchange Traded Products (ETPs) and futures contracts in Bitcoin, Ether and Solana.
The largest economy in Latin America, Brazil ranks fifth in global crypto adoption, according to Chainalysis' 2025 Global Adoption Index. Latin America is close behind Asia Pacific in onchain crypto activity, with adoption across retail and institutional users jumping to 63% from 53% a year ago, the report said.
The new tokenization drive would start with the stock market. "The great value of having this tokenization platform connected to the traditional ecosystem is that assets are fungible," said Luiz Masagão, Vice President of Products and Clients at B3. "The token buyer won't know they're buying from a traditional stock seller. This allows for a smooth transition, with both benefiting from the same liquidity," according to a simple translation of the article.
The comments, reportedly made at an investor event on Tuesday, also outlined the strategy for the exchange in 2026. Masagão said a native stablecoin is also in the works, which he said “will be a tool to enable trading in tokens.”
Gabriel Galipolo, the head of the Central Bank of Brazil, has said that around 90% of crypto volume in Brazil is linked to stablecoins. High inflation and currency volatility have combined with widespread digital connections and receptive government policies toward crypto to drive up adoption of digital assets in the country.
In 2025, Masagão said B3 launched 19 derivatives products. For the upcoming financial year, the exchange is planning for 22 product debuts including weekly options with daily expiration for the dollar, Ether, and Solana, as well as oil futures contracts, weekly Bitcoin options in dollars, among others.
The executive also said the exchange was mulling the creation of event contracts based on macroeconomic data, such as monthly prints of Brazil’s official inflation indicator IPCA and GDP. "These products have already been submitted to the (securities and capital markets regulator) CVM for approval," he said. "We are monitoring what is happening in international markets and are in close talks with the regulator and participants to understand what the future of this market will be and whether it will develop in Brazil," he added.
"We expect to launch cryptocurrency derivatives by the end of the year," said CFO André Milanez during an event with journalists, according to Valor Investe, the financial investment portal of Brazilian newspaper Valor Econômico.
Reflecting the growing appetite for investment diversification and higher yields, Itaú Asset Management, Brazil’s largest privately held money management firm, recently recommended investors put 1% to 3% of their portfolios in Bitcoin as a hedge against exchange rate fluctuations and global inflation.
