Brazilian Fintech Liqi Digital Assets announced on Monday (14) an agreement with XDC Network for the issuance of up to $ 500 million in real-world actives (RWAS) at XDC blockhain in one of the largest institutional operations of its kind in Latin America.
Assets to be tokenized include private, receivable, corporate debt, as well as agribusiness assets and real estate, such as CRIS, CRAS, debentures and commercial notes. The emissions will be made initially in Brazil and later taken to other markets. “We are connecting Brazil to the overall flow of Rwas,” said Daniel Coquieri, CEO of Liqi.
According to companies, tokens will represent a modern alternative to Credit Rights Investment Funds (FIDCs), with promises of greater liquidity, transparency and traceability, using already validated regulated structures. The first issue is scheduled for the next 90 days.
Founded in 2021, Liqi has already made emissions with institutions such as Banco BV, Itaú and SB Credit, and comes from R $ 27.5 million in investment rounds with support from names such as Kinea Ventures, Oliveira Trust and Honey Island by 4um.
XDC Network, in turn, is a public blockchain aimed at institutional applications. “With this partnership, we are strengthening XDC as a reference infrastructure for financial investments, backed by real assets,” said Diego Consimo, Head Latam from XDC Network. Other partnerships of XDC include securitize, archax, sbi holdings, bitcoin market and plug and play.
According to Bank of America, the tokenization market can exceed US $ 16 trillion by 2030, and Brazil seeks to consolidate itself as one of the main global broadcasters in the sector.
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According to a study conducted by the Brazilian Association of Cryptoeconomics (Abcripto), the tokenization market moved a financial volume of R $ 440 billion in Brazil in 2024, especially offers in the crowdfunding model, which registered growth of 300% year year.
