4 hours ago
Mercado Bitcoin, 1 of Latin America’s largest cryptocurrency exchanges, is teaming up with Polygon Labs to grow the tokenization of real-world assets (RWAs) successful the region.
The inaugural aims to contented much than $200 cardinal successful tokenized assets this year, much than doubling the platform’s existent total.
The concern focuses connected integrating Polygon’s blockchain infrastructure into Mercado Bitcoin’s tokenization process, according to a property merchandise shared with CoinDesk.
“The Polygon web enables accelerated and affordable transactions, positioning MB arsenic a technological and fiscal person some successful Latin America and globally,” said Fabrício Tota, Mercado Bitcoin’s vice president of caller business.
Since launching its plus tokenization unit, MB Tokens, São Paulo-based Mercado Bitcoin has issued much than 340 tokenized products, totaling astir $180 million. These see tokenized backstage credit, fixed-income instruments, and revenue-sharing products.
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