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Brazilian Stock Exchange B3 to enter the cryptocurrency market in 2022

B3 president and CEO Gilson Finkelsztain explained last week that the Brazilian stock exchange will expand “into the unregulated world of cryptos” next year.

Brazilian Stock Exchange B3 to enter the cryptocurrency market in 2022

Brazilian Stock Exchange B3 to enter the cryptocurrency market in 2022

Finkelsztain said that stock exchange intends to provide infrastructure for trading cryptoactives.

“It’s not a crypto exchange, but entering this market to offer services to crypto traders,” he said.

During the B3 Day event, last Friday, the company mentioned some strategies that could be adopted to enter the crypto market.

See the main brushed points in the presentation:

  • Asset tokenization;
  • Trading and access to liquidity centers;
  • Custody of digital assets;
  • Over-the-counter facilitation;
  • Capital efficiency gains;
  • Crypto as a service.
  • According to information from Infomoney, the forecast is that, in addition, B3 will launch an ETF of digital assets. In the world, Brazil was a pioneer in the approval of cryptocurrency ETFs, with funds launched by the managers Hashdex and QR Capital.

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