BlockBR Announces Expansion to Reach R$ 1.5 Billion in Tokenization Market

Blockchain, a fintech company specializing in tokenization infrastructure, announced an ambitious expansion plan via Joint Venture, with the goal of achieving a turnover of R$ 1.5 billion.The company aims for a market that is expected to reach US$ 16 trillion over the next six years, according to data from Boston Consulting Group.

BlockBR aims to consolidate its leadership by offering complete solutions to various players in the regulated market, such as operations structuring, autonomous agents, funds and investors. Among its clients are names such as Rio Bravo, Anchor, Nexxera and Okcygenio.Fintech intends to close 2024 with a net result of R$ 26 million and a current asset exceeding R$ 400 million.

Cassio J. Krupinsk, CEO of BlockBR, points out that the growth of the company is driven by its infrastructure solutions, which facilitate new roles for its customers.“ Reducing bureaucracy and cost, coupled with understanding the needs of various players, has been crucial to our SUCcess”, says Krupinsk.

The tokenization market is booming, with a growing convergence between digital and traditional assets such as fiat currencies, stocks and real estate.This market is experiencing growth of more than 300% per month, according to data from the RWA.xyz portal.

To meet this demand, BlockBR has developed a complete tokenization infrastructure, offering three main types of infrastructure: Whitelabel, Station and Management. These solutions allow companies in the regulated market to expand their operations and raise funds more efficiently.

The Whitelabel FullService platform, for example, allows customers to create their own tokenized asset offering environment, with proprietary technology, backoffice system and asset management via tokenization. Station offers a solution for offices and large originators to structure assets without the need to become brokers.The Management platform, in turn, connects investment advisors to digital asset offerings, with guarantees processed by a fiduciary agent.

BlockBR's expansion includes investments in a new HQ and the creation of strategic Joint Ventures with leading companies in specific sectors.The company plans to significantly expand its global footprint over the next 10 years, following the entry of major players such as BlackRock and Franklin Templeton into the tokenization market.

Krupinsk points out that BlockBR already accumulates several success cases, such as the creation of modules for portfolio and fund quota management for Rio Bravo, and the tokenization of real estate for T-properties.Fintech has also developed solutions for carbon credits with Okcygenio, and tokenized platforms for consortium sales and real estate management.

Since 2021, BlockBR has evolved from a company focused on tokenization of receivables to a robust infrastructure, adapted to regulatory and market requirements.“The decision to reposition was driven by the need to offer more efficient and secure solutions for the RWA” token market, concludes Krupinsk.