Mercado Bitcoin and Wormhole Form Exclusive Partnership to Scale $200M+ Tokenized Asset Platform Globally
Mercado Bitcoin and Wormhole Form Exclusive Partnership to Scale $200M+ Tokenized Asset Platform Globally
04/30/25, 3:40 PM
Location
Money
$200 million
Type
partnership
Mercado Bitcoin, the largest crypto exchange in Brazil, has selected Wormhole as its exclusive interoperability provider for its $200M+ tokenized assets platform. Through this partnership, Mercado Bitcoin will integrate Wormhole's interoperability protocol to connect its suite of tokenized products to a growing network of over 30 blockchains, aiming to scale beyond regional boundaries and connect the tokenized asset ecosystem to a truly global, multichain environment.
Company Info
Location
sao paulo, sao paulo, brazil
Additional Info
Between January and May 2021, Mercado Bitcoin says that about 700,000 new customers signed up to use its services, bringing its customer base to 2.8 million. Latin America’s digital transformation is making up for lost timeToday, Mercado Bitcoin has about 500 employees. , Mercado Bitcoin was the first crypto exchange in Brazil.