BEE4 and Núclea Submit Tokenization Project to CVM
Vértice initiative tests credit note issuance and settlement using a BRL-pegged stablecoin in a regulated environment
BEE4 and Núclea have submitted a proposal to the Securities and Exchange Commission (CVM) to evaluate the connection between fixed-income security creation and receivables registration. The plan is part of the regulator's tokenization testing program and was filed on November 4.
The project includes participation from institutions such as Bradesco, Banco do Brasil, BTG Pactual, and XP Investimentos. The main objective is to verify the viability of using the BRLN stablecoin to settle financial operations within a blockchain ecosystem.
The structure envisions that the BEE4 network will handle the issuance of the receivables certificate. Simultaneously, Núclea's infrastructure will be responsible for registering the assets that secure the operation.
Currently, the process relies on separate systems that require manual data verification between institutions. The proposal seeks to integrate these networks to allow for the simultaneous and automated transfer of securities and payments.
Initial tests use dummy data to validate the operational flow. The definitive implementation of financial settlements via digital assets still awaits specific authorization from the Central Bank for the capital markets.
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