Mercado Bitcoin has deployed more than $20 million of tokenized private credit on Rootstock, the Bitcoin sidechain, advancing its real‑world asset (RWA) strategy and aiming for $100 million in issuances by April. The firm said several offerings reached capacity shortly after launch, signaling strong investor demand.
The Rootstock issuances are part of Mercado Bitcoin’s multichain tokenization plan, which also includes upcoming RWA offerings on Stellar (XLM) and the XRP Ledger. The company says the structure gives international investors Bitcoin‑secured exposure to Latin American private debt.
According to Mercado Bitcoin’s business director Lucas Pinsdorf, the new tokens are backed by a mix of receivables and corporate debt and include both Brazilian and foreign borrowers. Pinsdorf noted the program is not limited to domestic names and that one of the recent issuances finances an American company.
The initial $20 million tranche sold through quickly, increasing confidence that the $100 million target will be reached soon. RWA.xyz data show Mercado Bitcoin ranks among the world’s top 10 tokenized private credit issuers with more than $370 million in cumulative loans, while the largest market participants have issued multiple billions.
Mercado Bitcoin structured the private‑credit tokens within Brazil’s regulated framework, relying on group licenses overseen by the Comissão de Valores Mobiliários (CVM) and the Central Bank of Brazil. The company says it remains engaged with regulators to help clarify rules and shape the tokenization roadmap for financial markets.
The move follows a broader regional push to put yield‑bearing instruments onchain. In Argentina, exchange Ripio recently introduced local‑currency stablecoins and tokenized sovereign exposure as Latin American platforms work to connect traditional credit markets with blockchain liquidity.