Brazil’s stock exchange operator B3 is moving forward with plans to bring its stock registry onto blockchain infrastructure, with executives confirming that a tokenized representation of listed shares is expected to launch during the second half of 2026.
The plans were outlined during Tokenization Day, an event organized by B3 to discuss the digitization of financial assets and the role of blockchain technology in traditional markets. Company executives said the initial phase of the project will focus on creating blockchain-based representations of stocks rather than enabling direct token trading.
Rodrigo Nardoni, B3’s Vice President of Technology, noted that the exchange intends to recreate its existing depository database on a blockchain network. The project aims to represent all stocks within a tokenized environment while upholding a connection to the traditional registry structure already used by the market.
Nardoni stated that the first stage will not involve the trading of tokenized shares. Instead, the blockchain system will serve as a digital mirror of the exchange’s existing records, enabling stock ownership information to be represented as tokens.
B3 Builds on 2025 Digital Asset Announcements
B3’s tokenization plans build on initiatives disclosed in late 2025, when the exchange announced its intention to launch both a tokenization platform and a stablecoin. At the time, B3 Vice President of Products and Clients Luiz Masagão said tokenized assets and traditional market products would share the same liquidity pool.
The exchange stated that the stablecoin would function as a payment and clearing tool within the tokenized environment, supporting transactions involving digital representations of financial assets.
Stablecoin Could Support Future Onchain Settlements
Alongside the tokenization initiative, B3 continues to advance plans for its own stablecoin, known as B3RL. The exchange previously announced that the digital currency is expected to be linked to the Brazilian real and backed primarily by cash and government bonds.
Nardoni said the growth of stablecoins could create opportunities for more direct settlement models in financial markets. While no final decision has been made, B3 is examining how digital currencies could be incorporated into future settlement infrastructure.
Related: EU and New York Regulators Sign Deal to Share Stablecoin Data
