Brazil's BB, Caixa, Cooperatives to Tokenize Real Estate Credit

Brazil's largest state-owned banks (Banco do Brasil, Caixa) and cooperatives signed an agreement to tokenize real estate credit, with tests starting March 2026. The initiative aims to ensure interoperability among participants, signaling a move toward blockchain-based financial infrastructure in Brazil's credit markets. The scope and regulatory framework remain uncertain, but this could enhance liquidity and efficiency in real estate lending.