Mercado Bitcoin Leaps into Tokenized Future with Wormhole’s $200M Bridge

Brazil’s biggest crypto exchange just cut the red tape on tokenized assets—using Wormhole’s cross-chain tech to scale beyond legacy rails. No more liquidity silos or 3-day settlement delays. Just interoperable value, moving at DeFi speed.

The play? Capture Latin America’s booming RWAs (real-world assets) market before Wall Street’s lumbering giants can say ‘regulatory arbitrage.’ Because let’s face it—when banks finally ‘adopt blockchain,’ they’ll charge you 2% just to read the whitepaper.

Long-term structure

As part of the agreement, the Wormhole Foundation will also make a strategic investment in one of MB’s tokenized products. The companies note this is the first phase of what is described as a long-term alliance.

Wormhole already supports more than $3 billion in multichain tokenized assets under management through partnerships with financial giants like BlackRock, Apollo, and Securitize, sees this as a key expansion into the Latin American market.

 With this partnership, we’re deepening our presence in Latin America, as well as further growing our leadership in providing critical infrastructure for scaling institutional-grade assets,” said Dan Reecer, co-founder of the Wormhole Foundation.

The partnership is designed to address longstanding liquidity and access issues in the tokenized finance sector. MB aims to simplify the movement of tokenized assets across different blockchain networks. This is expected to improve transparency and reduce friction in global financial markets.