Mercado Bitcoin Partners with Wormhole to Scale $200M Tokenized Assets
Mercado Bitcoin, Brazil’s leading cryptocurrency exchange, has forged a strategic alliance with cross-chain protocol Wormhole to accelerate its tokenized asset ambitions. The partnership targets over $200 million in multichain asset tokenization, focusing on private credit products and other real-world assets.
Wormhole’s infrastructure will enable Mercado Bitcoin to deploy tokenized offerings across 30+ blockchain networks, addressing liquidity fragmentation in emerging markets. The Wormhole Foundation has taken a position in Mercado Bitcoin’s tokenized asset ecosystem, signaling institutional confidence in Latin America’s digital asset maturation.
This collaboration represents a significant leap in blockchain interoperability for financial instruments. By leveraging Wormhole’s cross-chain messaging protocol, Mercado Bitcoin aims to create seamless bridges between traditional finance and decentralized networks, potentially unlocking new capital flows in the Global South.