XDC Network: Asset Tokenization in Brazil Poised for Billion-Dollar Scale

Asset tokenization in Brazil is transitioning from experimental phases to large-scale adoption, according to Diego Consimo, head of XDC Network for Latin America. Consimo highlights the private credit market as the most mature sector for growth, noting that technology validation is complete and the industry now requires regulatory clarity and infrastructure improvements. The CVM's DLT Pilot Program is seen as a key driver in reducing regulatory barriers for institutional participation. Additionally, XDC Network and the Brazilian platform Liqi have renewed their partnership, committing to tokenize approximately 386 million dollars, bringing their total target to 2 billion dollars by 2028.