The Bitcoin Market (MB), the largest digital asset platform in Latin America, launched the Rappi Digital Fixed Income token. Offered with an initial value of R$ 100,00 is due in January 2025, the new offering provides investors with a pre-fixed gain estimate of 15% per year and payments in October 2024 and January 2025
Structured by MB Tokens, company from the same ecosystem as MB and specialized in tokenization and Real World Assets (RWA), the token follows CVM Resolution 88 and uses blockchain technology via ERC-20, ensuring safety 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 Brazil
"The partnership with Rappi Brazil comes at a time when we are expanding our scope of action as a B2B tokenization company", 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 issuance of Receivables Certificates (CRs) by MB Securitizadora and is backed by a corporate debt security issued by Rappi Brazil. Rappi Brazil celebrates a remarkable milestone in its journey: exponential growth, surpassing a significant revenue level 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 resources raised, Rappi will boost operational efficiency, scalability and the adoption of innovative technologies, how asset tokenization.”, highlights Diego Gomes, Co-Founder of RappiBank in Brazil. "Voted one of the 100 most influential companies in the world in 2024", Rappi continues to invest in innovation and the democratization of access to the digital economy. With this partnership with MB, let's continue to invest to make our users' daily lives easier, reinforces Gomes
Bitcoin Market and B2B Tokenization
The partnership with Rappi integrates MB's strategy to expand its B2B presence through the tokenization of corporate assets, facilitating access to the capital market
To occupy "under-served" segments by the Brazilian private credit market, mainly for transactions of up to R$ 100 million, the MB has a strategic approach focused on tokenization, that is carried out through blockchain technology. Making the operation more efficient and cost-effective, tokenization allows the MB to reduce the fundraising time by up to three times, in comparison with the traditional market
