Mercado Bitcoin | Crypto

Brazilian crypto exchange Mercado Bitcoin has raised $20 million in fresh investment from USDT stablecoin issuer Tether.

Mercado Bitcoin will use the funding to expand tokenized finance across Latin America, adding to Tether's growing portfolio of infrastructure investments. Tether has invested $20 million in Brazilian crypto platform Mercado Bitcoin to support the company's expansion into tokenized assets, stablecoin payments, lending and other blockchain-based financial services across Latin America. Since its 2013 launch, Mercado Bitcoin has expanded beyond crypto trading into regulated financial services, including tokenized assets, credit, stablecoin payments and cross-border services. Read more

Brazil’s Mercado Bitcoin has issued more than $20 million in tokenized private credit on Bitcoin sidechain Rootstock and is targeting $100 million by April. Latin American digital asset platform Mercado Bitcoin said that it had deployed more than $20 million of tokenized private credit on Bitcoin sidechain Rootstock, deepening its push into real-world assets (RWAs) and targeting $100 million in issuances by April.  According to a release shared with Cointelegraph, several offerings had already reached target capacity since going live. The move adds Rootstock to Mercado Bitcoin’s multichain tokenization strategy, which includes planned RWA issuances on Stellar (XLM) and the XRP Ledger, giving international investors Bitcoin‑secured exposure to Latin American private debt markets. Read more

Mercado Bitcoin, one of Latin America’s largest crypto exchanges, announced plans to tokenize $200 million worth of real-world assets (RWAs) on the XRP Ledger. The post Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals appeared first on Cryptonews.

Tokenized real-world assets (RWAs) continue to gain traction as crypto firms push for clear regulations for onchain financial instruments. Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL). The real-world assets include tokenized fixed-income and equity financial instruments, according to an announcement from Ripple, the blockchain company that launched the XRPL. A report published by Boston Consulting Group and the blockchain company forecasted the tokenized RWA market to swell to a $19 trillion market capitalization by 2033. Read more

XRP Ledger posted the second-largest 30-day increase in tokenized real-world assets (RWA), adding 34.6% to reach $157.4 million, data from rwa.xyz shows.  Only Aptos outpaced that monthly growth, expanding nearly 57% to $539.3 million, while Ethereum maintained the lead by total value at $7.55 billion, with a 2.4% gain. Notably, the XRP Ledger is the […] The post XRP Ledger logs 34% in RWA monthly growth, eyes bigger boost from Mercado Bitcoin partnership appeared first on CryptoSlate.