Brazil’s Securities and Exchange Commission, the Comissão de Valores Mobiliários (CVM), set up a dedicated tokenization working group in July to study how distributed ledger technology can be used for securities registration, custody, trading, and settlement, according to Techub News citing BeInCrypto. The group is also expected to propose an experimental regulatory framework for tokenized securities. Separately, Brazilian tokenization platform Liqi Digital Assets renewed its partnership with XDC Network for another two years and increased their total issuance target through 2028 from $500 million to $2 billion. The revised plan includes the original $500 million target that has already been completed, plus an additional $1.5 billion in planned issuance. Liqi said the initial $500 million goal, signed with XDC in April 2025, was completed in about 15 months, 9 months ahead of the original 24-month schedule. The company added that it has tokenized about $835 million in assets on the XDC mainnet through 378 smart contracts, covering 386 series and 60 asset pools.
Brazil’s Securities and Exchange Commission, the Comissão de Valores Mobiliários (CVM), formed a dedicated tokenization working group in July to study the use of distributed ledger technology in securities registration, custody, trading, and settlement, according to Techub News, which cited BeInCrypto.
The regulator also plans to put forward an experimental regulatory regime for tokenized securities.
Liqi and XDC extend partnership
At the same time, Brazilian tokenization platform Liqi Digital Assets renewed its partnership with XDC Network for another two years and raised their total issuance target through 2028 from $500 million to $2 billion.
Under the new agreement, that figure includes the original $500 million target that has already been completed, along with an additional $1.5 billion in planned issuance.
Initial target completed ahead of schedule
Liqi said the original $500 million target agreed with XDC in April 2025 was completed in about 15 months, which was 9 months earlier than the initial 24-month timeline.
The company said it has so far tokenized about $835 million in assets on the XDC mainnet through 378 smart contracts, spanning 386 series and 60 asset pools.
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