A fintech BlockBR, specialized in tokenization infrastructure, announced an ambitious expansion plan through a Joint Venture, with the aim of achieving a revenue of R$ 1,5 billion. The company is targeting a market that is expected to reach US$ 16 trillion in the next six years, according to data from the Boston Consulting Group
A BlockBR visa consolidates its leadership by offering comprehensive solutions for various players in the regulated market, as operation structurers, autonomous agents, funds and investors. Among your clients are names like Rio Bravo, Anchor, Nexxera and Okcygenio. The fintech aims to close 2024 with a net income of R$ 26 million and current assets exceeding R$ 400 million
Cassio J. Krupinsk, CEO BlockBR, highlights that the company's growth is driven by its infrastructure solutions, that facilitate new roles for their clients. "The reduction of bureaucracy and cost", allied to the understanding of the needs of various players, has been crucial to our success, claims Krupinsk
The tokenization market is in full expansion, with a growing convergence between digital and traditional assets, like fiat currencies, stocks and real estate. This market is experiencing growth of over 300% per month, according to data from the RWA portal.xyz
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 clients to create their own tokenized asset offering environment, with private label technology, backoffice system and asset management through 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
The expansion of BlockBR includes investments in a new headquarters and the creation of strategic joint ventures with leading companies in specific sectors. The company plans to significantly expand its global operations in the next 10 years, following the entry of major players like BlackRock and Franklin Templeton into the tokenization market
Krupinsk highlights that BlockBR has already accumulated several success stories, how the creation of modules for managing portfolio quotas and funds for Rio Bravo, and the tokenization of properties for T-properties. The fintech 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 the 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