Mercado Bitcoin expands LatAm RWA push with $20M in Rootstock private credit
Latin American digital asset platform Mercado Bitcoin mentioned that it had deployed greater than $20 million of tokenized non-public credit score on Bitcoin sidechain Rootstock, deepening its push into real-world property (RWAs) and focusing on $100 million in issuances by April.
In line with a launch shared with Cointelegraph, a number of choices had already reached goal capability since going reside.
The transfer provides Rootstock to Mercado Bitcoin’s multichain tokenization technique, which incorporates deliberate RWA issuances on Stellar (XLM) and the XRP Ledger, giving worldwide buyers Bitcoin‑secured publicity to Latin American non-public debt markets.
Lucas Pinsdorf, enterprise director at Mercado Bitcoin, advised Cointelegraph that the newly issued property included a mixture of receivables and company debt, backing each Brazilian and overseas debtors.
“What is especially attention-grabbing is that these will not be restricted to Brazilian corporations,” he mentioned. “Throughout the issuances, Mercado Bitcoin additionally selected to subject debt for an American firm.”
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RWA demand increasing globally
Pinsdorf mentioned the preliminary $20 million providing offered by means of shortly, growing confidence that the $100 million goal could be “a promote‑out … very quickly.”
In line with RWA.xyz information, Mercado Bitcoin ranks among the many world’s high 10 tokenized non-public credit score issuers, with greater than $370 million in cumulative loans.
Nonetheless, it’s far behind the market leaders. The highest three issuers tracked by RWA.xyz have issued at the very least $5.4 billion every.
Non-public credit score platforms. Supply: RWA.xyz
Pinsdorf mentioned that Mercado Bitcoin structured its non-public credit score tokens inside Brazil’s regulated framework, drawing on licenses inside its group supervised by the nation’s Comissão de Valores Mobiliários (CVM) and the Central Financial institution of Brazil.
Latin America’s tokenized credit score race
Mercado Bitcoin’s RWA pipeline follows a broader regional motion to carry yield‑bearing devices onchain.
In Argentina, long-standing crypto trade Ripio lately launched native forex stablecoins and tokenized sovereign publicity as Latin American issuers search to bridge conventional credit score markets and blockchain liquidity.
Pinsdorf mentioned Mercado continued to have interaction with regulators to form the roadmap for tokenized finance.
“We hope for clearer and extra goal frameworks on how the trail to tokenization within the monetary market can be paved,” he mentioned.
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