Itaú joins Brazil tokenization pilot with OpenAssets
Summary
Itaú, Latin America’s largest private bank, has joined OpenAssets in an ANBIMA-led pilot to test tokenizing fixed-income securities and investment funds in Brazil. The project will evaluate issuance, trading, and settlement of capital markets instruments using distributed ledger technology. Itaú will contribute capital markets expertise, while OpenAssets will provide tokenization infrastructure. The work will focus on technical proofs of concept and on operational, compliance, and technology requirements, with debentures and investment funds among the main use cases. The pilot runs on a private, permissioned DLT network in a simulated environment, with no real transactions.
