Latin American digital-asset platform Mercado Bitcoin said it has deployed more than $20 million of tokenized private credit on Bitcoin sidechain Rootstock, advancing its real-world asset (RWA) push and targeting $100 million in issuances by April.
A company release shared with Cointelegraph said several offerings reached target capacity shortly after going live. The move adds Rootstock to Mercado Bitcoin’s multichain tokenization strategy, which also includes planned RWA issuances on Stellar (XLM) and the XRP Ledger, offering international investors Bitcoin‑secured exposure to Latin American private debt.
Lucas Pinsdorf, Mercado Bitcoin’s business director, told Cointelegraph the newly issued tokens comprise a mix of receivables and corporate debt backing both Brazilian and foreign borrowers. “What is particularly interesting is that these are not limited to Brazilian companies,” he said. “Within the issuances, Mercado Bitcoin also chose to issue debt for an American company.”
Pinsdorf said the initial $20 million tranche sold through quickly, boosting confidence the $100 million target will be “a sell‑out … very soon.” According to RWA.xyz data, Mercado Bitcoin ranks among the world’s top 10 tokenized private credit issuers, with more than $370 million in cumulative loans, though the market leaders have issued at least $5.4 billion each.
Mercado Bitcoin structured its private-credit tokens within Brazil’s regulated framework, relying on group licenses supervised by the Comissão de Valores Mobiliários (CVM) and the Central Bank of Brazil.
The company’s RWA pipeline follows a broader regional movement to bring yield-bearing instruments onchain. In Argentina, exchange Ripio recently launched local-currency stablecoins and tokenized sovereign exposure as Latin American issuers seek to bridge traditional credit markets and blockchain liquidity.
Pinsdorf said Mercado Bitcoin continues to engage with regulators to shape the tokenization roadmap. “We hope for clearer and more objective frameworks on how the path to tokenization in the financial market will be paved,” he said.
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