Mercado Bitcoin Partners with Polygon Labs
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.
Initiative Goals
The initiative aims to issue more than $200 million in tokenized assets this year, which would more than double the platform’s current total.
Partnership Details
The partnership focuses on integrating Polygon’s blockchain infrastructure into Mercado Bitcoin’s tokenization process, as detailed in a press release shared with CoinDesk.
According to Fabrício Tota, Mercado Bitcoin’s vice president of new business, “The Polygon network enables fast and affordable transactions, positioning MB as a technological and financial leader both in Latin America and globally.”
Previous Achievements
Since launching its asset tokenization unit, MB Tokens, this São Paulo-based exchange has issued over 340 tokenized products, totaling roughly $180 million. These offerings include tokenized private credit, fixed-income instruments, and revenue-sharing products.
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