Brazil’s securities regulator just put a clock on tokenization. The Comissão de Valores Mobiliários wants a blueprint for how securities can be issued, traded, and settled on blockchains, and they want a first version fast.
The agency created a Tokenization Working Group to study, test, and propose rules. The first deliverable is due in 60 days, which is a clear signal: the tokenization playbook for Brazil is moving from theory to drafts.
If you build issuance platforms, run brokerage rails, or manage custody, this is the prep window. The rulebook will start experimental, but the choices made in the next two months will set the tone for the next few years.
Point
Details
Working group created
CVM announced a Tokenization Working Group to study, test, and propose rules for securities on DLT on July 17, 2026 (Comissão de Valores Mobiliários (CVM) — gov.br).
Legal basis
Established via Portaria CVM/PTE No. 177, dated July 15, 2026 and published July 17, 2026, with a 12
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