US$ 1 Billion: Brazil's CVM to meet with American companies to discuss the RWA token market

IPLD

Apr 2, 2024

The Securities and Exchange Commission of Brazil (CVM) announced that its director, Daniel Walter Maeda Bernardo, will be in the U.S. in April to meet with American market particip

According to Tiago Piassum, founder of Rivool Finance, the segment has rapidly emerged and is expected to take on a role that was unimaginable a few years ago.

“It is estimated that the tokenized assets market will reach the $10 trillion mark by 2030, offering significant growth potential compared to current values. This not only democratizes access to investments but also transforms the way assets are managed and transacted,” he states.

For Piassum, besides changing the way assets are traded, tokenization is revolutionizing the credit market.

“From the tokenization of traditional securities to the creation of peer-to-peer platforms, the applications are vast and promise to make credit more accessible and transparent. The financial future is being shaped before our eyes, and tokenization is the key to unlocking its potential. Moreover, costs are reduced due to the elimination of fees attributed to intermediaries,” explains the entrepreneur.