Share this article
Mercado Bitcoin, Polygon Labs Look to Issue $200M Worth of Tokenized Assets in Latin America
The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.
Mar 12, 2025, 11:00 a.m.
What to know:
- Mercado Bitcoin plans to tokenize more than $200 million in assets in 2025.
- The exchange will use Polygon’s network to improve transaction costs and settlement times.
Mercado Bitcoin, one of Latin America’s largest cryptocurrency exchanges, is teaming up with Polygon Labs to expand the tokenization of real-world assets (RWAs) in the region.
The initiative aims to issue more than $200 million in tokenized assets this year, more than doubling the platform’s current total.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The partnership focuses on integrating Polygon’s blockchain infrastructure into Mercado Bitcoin’s tokenization process, according to a press release shared with CoinDesk.
“The Polygon network enables fast and affordable transactions, positioning MB as a technological and financial leader both in Latin America and globally,” said Fabrício Tota, Mercado Bitcoin’s vice president of new business.
Since launching its asset tokenization unit, MB Tokens, São Paulo-based Mercado Bitcoin has issued more than 340 tokenized products, totaling roughly $180 million. These include tokenized private credit, fixed-income instruments, and revenue-sharing products.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
BlackRock Files for Staked Ethereum ETF
The iShares Ethereum Staking Trust marks a bold push into on-chain yield exposure, as the SEC's tone has shifted under new leadership.
What to know:
- BlackRock has officially filed for a staked Ethereum ETF, marking its first formal move toward SEC approval.
- The filing reflects a shift in SEC policy under new Chair Paul Atkins after earlier pushback on staking features.
- BlackRock’s existing Ethereum fund holds $11B in ETH, but the new ETF would offer separate staking exposure.
Top Stories
