Bitcoin Market (MB), the largest digital asset platform in Latin America, has launched the Digital Rappi Fixed Income token.Offered with initial value of R$ 100.00 and maturity in January 2025, the novelty offers investors an estimate of pre-fixed gain of 15% per year and payments in October 2024 and January 2025.
Structured by MB Tokens, a company from the same MB ecosystem and specialized in tokenization and Real World Assets (RWA), the token follows CVM Resolution 88 and uses blockchain technology via ERC-20, ensuring security and efficiency.
With this initiative, Mercado Bitcoin reaffirms its role as a catalyst for innovation in the financial sector, while strengthening its partnership with Rappi Brasil.
“The partnership with Rappi Brasil takes place at a time when we have expanded our front of action as a B2B tokenizer, driven by blockchain technology.The digital financial revolution not only modernizes the entire credit granting process, making it more efficient, but also contributes to the reduction of operational costs”, says Reinaldo Rabelo, CEO of MB.
The token represents the eighth issue of Certificates of Receivables (CRs) from MB Securitizadora and is backed by corporate debt issued by Rappi Brasil.Rappi Brasil celebrates a remarkable milestone in its trajectory: exponential growth, exceeding a significant level of revenue in the last 4 years, growing more than 400% and standing out as one of the most dynamic and innovative companies in the technology and logistics sector.
“With the funds raised, Rappi will drive operational efficiency, scalability and adoption of innovative technologies such as asset tokenization.”, says Diego Gomes, Co-Founder of RappiBank in Brazil. “Elected one of the 100 most influential companies in the world in 2024, Rappi continues to focus on innovation and democratization of access to the digital economy. With this partnership with MB, we will continue to invest to facilitate the day-to-day lives of our users”, reinforces Gomes.
Bitcoin market and B2B tokenization
The partnership with Rappi is part of MB's strategy to expand its B2B presence through the tokenization of corporate assets, facilitating access to the capital market.
To occupy “subsidenced” segments by the Brazilian private credit market, mainly for transactions up to R$ 100 million, MB has a strategic approach focused on tokenization, which is carried out through blockchain technology.Making the operation more efficient and economical, tokenization allows MB to reduce the time of fundraising by up to three times, compared to the traditional market.
