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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.
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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.
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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.
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