The flow of real-world asset (RWA) tokenization has shifted globally from a theoretical pilot stage to an institutional execution stage. As capital markets seek higher efficiency, transparency, and global expansion, Brazil has emerged as a representative laboratory for this change.
This change is being driven by a combination of progressive regulation, a tech-savvy financial sector, and the need for operational cost reduction. At the center of this movement is the XDC network, which provides a neutral and open infrastructure to connect local bond markets with global liquidity.
Latin America, the dawn of the RWA era
Tokenization is no longer a distant future trend but is already a reality in Brazil, actively operating. While many countries are still discussing the legal framework for digital assets, the Brazilian Central Bank and the Securities Commission (CVM) have created an environment conducive to innovation and growth.
In particular, the tokenization of debt ventures, which are interest-bearing bonds, signifies important progress. By digitizing these traditional assets, issuers can offer enhanced traceability and transparency. This is a key factor in attracting international institutional investment.
The XDC network has established itself as one of the leaders in this evolution. Unlike early blockchain experiments that focused on speculative assets, XDC is designed with international trade and finance in mind. It can process frequently occurring transactions with low fees, making it ideal for scaling real-world asset (RWA) projects where high performance and reliability are crucial.
RWA $1 billion roadmap visualization
VERT Capital, a leading company in Brazil's structured finance market, recently announced the successful tokenization of two major ventures in Brazil on the XDC network. This is an important milestone not only for those companies but for the entire blockchain ecosystem.
This movement effectively connects various sectors of the economy, starting with Mottu, the fast, data-driven leader in Latin American urban mobility and last-mile logistics, representing Brazil's new economy. Mottu has already tokenized approximately $60 million, with a total target amount of $93 million.
Banco Pine is also participating here to complete the innovation. Banco Pine is a strong player in corporate and structured credit that has supported mid-market and large corporate clients for a long time. The current tokenized scale is approximately $268 million. Banco Pine's participation is a strong signal that even traditional financial institutions recognize the practical value and efficiency of moving complex debt products onto public blockchains.
Combining these two transactions, the total scale tokenized through VERT on XDC amounts to approximately $375 million. This figure is significant globally. It also demonstrates that the network is capable of handling institutional scale and complexity.
This partnership is progressing smoothly towards the goal of tokenizing assets worth $1 billion on the XDC network by the end of 2026. If this goal is achieved, XDC will further solidify its position as a global leader in the real-world asset (RWA) space.
Public blockchain, private DLT alternatives
The key differentiator of this issuance is the choice of a public blockchain, the XDC network, rather than a specialized private distributed ledger (DLT). Until now, the banking sector has considered private DLT to be safer. However, the industry is beginning to realize that private ledgers reproduce the closed structures they originally sought to break.
Private DLT often attempts to mimic centralized systems. In the process, it frequently fails to achieve the true efficiencies of decentralization, such as global interoperability or year-round availability, sacrificing even the mature performance of the centralized architecture it originally sought to imitate.
They create a closed environment that requires complex and costly integrations to communicate with each other.
In contrast, the XDC network serves as a neutral financial market infrastructure. It offers the advantages of both public and private systems.
Public accessibility: Anyone can verify the state of the ledger, increasing trust and auditability.
Institutional governance: With smart contract-level empowerment, XDC ensures full regulatory compliance. Specific functions or asset access can be restricted to participants verified through customer identity checks (KYC).
Connectivity layer: Tokenization does not replace existing capital market systems; it operates as an open infrastructure layer connecting local markets to a global reservoir of investors.
XDC implements regulatory-type decentralization by embedding governance directly into the code, ensuring that regulatory agency rules are automatically enforced by the network protocol.
Riding the wave of innovation
Leaders driving this initiative consider the current situation not a temporary trend but a fundamental transformation of global finance.
"This issuance case demonstrates that public blockchain infrastructure can add real value to traditional interest-bearing markets. As ventures like Mottu and Banco Pine come onto the XDC network, VERT enhances the transparency, traceability, and global visibility of Brazilian assets while fully maintaining regulatory compliance." – Diego Consimo, XDC Network Latin America Representative.
"Tokenization is not a concept that replaces existing systems but evolves into an open and neutral infrastructure layer that connects local capital markets with global investors."
This approach, which connects without completely replacing existing systems, is key to institutional adoption. Existing infrastructure can integrate with blockchain at its own pace, and as trust grows, functionalities can gradually migrate to the chain.
Gabriel Braga, head of digital assets at VERT Capital, has interpreted the flow of this technological change more intuitively. He explains that many traditional institutions feel threatened by blockchain and are trying to create lifeboats to survive the wave of change.
"Everyone is already seeing the massive wave of tokenization approaching the shores of the capital markets. Many people's first reaction is to see it as a threat, hoping that the wave doesn’t get any bigger while only creating a universal lifeboat. But the wave will get bigger. We must see it as an opportunity and learn how to ride it."
This metaphor by Braga reveals the difference between defensive innovation (private DLT) and aggressive innovation (public blockchain). Those who ride the wave can leverage the liquidity and openness of public networks to move faster and farther than those crowded in lifeboats.
Brazil, a global leader in real-world assets
These issuance cases demonstrate that Brazil is not just a participant but a global leader in the digital asset space. The combination of high interest rates, sophisticated banking systems, and a clear regulatory environment creates an optimal environment for the expansion of real-world asset (RWA) tokenization.
By leveraging the XDC infrastructure, Brazilian companies are gaining global visibility that was once reserved for large multinational corporations. This democratizes access to capital, allowing companies like Mottu to easily enter international markets like high-quality banks.
Moving forward, the successful issuance by Mottu and Banco Pine will serve as a blueprint for the next stage of financial evolution. As the XDC network continues to expand, it will further strengthen its position as a preferred infrastructure for institutions looking for the advantages of a fair and neutral ledger system within the strict scope of global financial regulations.
Achieving a billion dollars is more than just a simple goal; it proves that the future of finance is open and transparent, built on XDC.