Particle.news
Download on the App Store
10 ARTICLES
·
last wk.

Itaú Joins ANBIMA Tokenization Pilot With OpenAssets to Test Tokenized Bonds and Funds

The pilot will test the end-to-end lifecycle of tokenized debentures and investment funds on a private permissioned ledger to develop shared technical standards.

“No company, no enterprise can survive in capitalism without access to the financial system,” said lawyer Fernando de Magalhães Furlan. (Credit: Tupungato / Shutterstock)
Wikimedia Commons / CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)
Image
Image

Overview

  • OpenAssets and Itaú announced the collaboration on Tuesday to run a structured use case inside ANBIMA’s industry-led pilot focused on tokenizing fixed-income instruments and investment funds.
  • The tests will run in a simulated environment on a private, permissioned distributed ledger to examine issuance, trading, settlement, lifecycle management, and compliance without moving real money.
  • OpenAssets supplies tokenization infrastructure and standards work while Itaú brings capital-markets scale and regulatory experience from prior projects such as the central bank’s DREX pilot.
  • The partners will build technical proofs of concept and assess architecture and operational rules needed for banks and asset managers to operate tokenized products under regulated frameworks.
  • ANBIMA’s pilot groups more than 50 market participants and seeks outcomes that could inform how tokenized securities link to national settlement rails and broader digital-market infrastructure.