October 20, 2025
In the current scenario of financial innovation, companies are seeking ways to optimize capital, diversify investments, and create new business models securely. Regulated tokenization emerges as a strategic solution, allowing for the transformation of real assets into digital tokens within a clear legal framework. In Brazil, with the regulations, this model not only offers opportunities for fundraising and investor participation but also ensures legal security and credibility, becoming an essential tool for managers, startups, and professionals who want to innovate with confidence.
What is regulated tokenization and why does it matter?
Tokenization consists of transforming real assets — such as real estate, commodities, or financial rights — into digital tokens, which represent these assets on a blockchain network. Unlike traditional cryptocurrencies, tokenization is linked to an underlying asset, offering transparency, traceability, and digital liquidity.
When we talk about regulated tokenization, we refer to the issuance and trading of tokens following a defined legal framework, in the case of Brazil supervised by bodies such as the CVM or the Central Bank. This ensures that operations are within the law, providing legal security for companies and investors.
Benefits of regulated tokenization:
Reduction of legal risks: by following clear rules, it avoids future problems with regulatory bodies.
Access to institutional investors: regulated companies convey greater credibility.
Greater transparency and traceability: blockchain records guarantee audibility and trust.
For example: a startup that tokenizes residential properties can sell digital fractions of these assets to investors, keeping all contracts, records, and guarantees in compliance with Brazilian regulations.
Informative content. Does not constitute an offer of securities, exchange services, or payment. Past performance does not guarantee future results. Azify acts directly or through duly authorized partners, as per the scope. Evaluate risks, accounting impacts, and taxes with your advisors.
What is the legal context of tokenization in Brazil?
In Brazil, regulated tokenization is heavily influenced by agencies and laws aimed at protecting investors and ensuring the integrity of the financial market:
CVM (Securities and Exchange Commission): regulates digital securities and sets criteria for public offerings of tokens that represent financial assets.
Central Bank of Brazil: supervises digital currencies and financial transactions, ensuring that institutions operate within compliance rules.
Law 14.478/2022: establishes standards for digital assets, including aspects of issuance, custody, and trading.
LGPD (General Data Protection Law): impacts the collection, storage, and sharing of investors' and customers' data.
See this example to understand a little more, companies wishing to issue tokenized receivables need to register the operation with the CVM and maintain ongoing audits of these digital assets, ensuring that all investors receive accurate and secure information.
What are the advantages of regulated tokenization for companies?
Companies from different sectors can directly benefit from adopting tokenization within a solid regulatory framework:
New business models: tokenization allows for the creation of innovative financial products, such as digital real estate funds, commodity crowdfunding, or stakes in startups.
Facilitated access for investors: regulated tokens convey trust to institutional and retail investors, expanding the capital base.
Legal and reputational security: operating within legal norms reduces risks of sanctions, lawsuits, and issues with regulatory bodies.
Operational efficiency: smart contracts automate payments and dividends, reducing bureaucracy and operational costs.
An example in this context is that a company in the agricultural sector can tokenize grain stocks, allowing investors to buy digital shares of these assets, with payments and guarantees controlled by smart and auditable contracts.
Which sectors can benefit from regulated tokenization?
A regulated tokenization provides concrete opportunities for various sectors, allowing physical and financial assets to be transformed into tradable digital tokens in a secure and transparent manner. Among the main sectors that can benefit are:
Real Estate: companies can sell digital fractions of properties, launch tokenized real estate funds, and create crowdfunding models for construction and urban development. This allows small investors to participate in opportunities that were previously restricted to large players.
Finance: banks, fintechs, and fund managers can issue securities, create tokenized investment funds, and securitize receivables digitally. Tokenization ensures greater traceability and liquidity, facilitating the participation of institutional and retail investors.
Startups: entrepreneurs can raise funds by issuing tokens that represent equity participation, allowing for quicker access to capital and greater visibility with qualified investors. Additionally, smart contracts can automate dividends and voting rights.
Commodities and physical assets: assets such as oil, grains, precious metals, and energy can be fractionalized into tokens, creating new digital markets and increasing the liquidity of products that are traditionally less accessible to small investors.
What are the challenges and considerations when adopting regulated tokenization?
Despite the opportunities, companies must be aware of barriers and risks:
Regulatory barriers: registration and authorization processes can be complex and time-consuming.
Operational risks: failures in smart contracts or custody systems can affect payments and transfers.
Continuous compliance: companies need to maintain audits, KYC/AML/CFT monitoring, and periodic reports for regulators.
Technological integration: it is necessary to ensure that tokenization platforms, APIs, and partners comply with SLAs and legal standards.
A fintech that issues tokens backed by receivables needs to implement robust monitoring and audit processes, ensuring that investors receive accurate and transparent information.
What are the future prospects of regulated tokenization in Brazil?
The tokenization market regulated in Brazil is growing and is expected to expand in the coming years, driven by:
Greater regulatory clarity: recent guidelines from the CVM and Bacen are facilitating the adoption of regulated tokens.
Increasing institutional adoption: banks, funds, and large investors are more open to regulated digital assets.
Technological innovation: smart contracts and integrated APIs make tokenization safer and more scalable.
Asset diversification: companies can explore new markets, such as digital crowdfunding for startups or fractional ownership of commodities.
In the coming years, Brazilian companies will be able to launch fully tokenized real estate funds, allowing investors to purchase digital fractions of properties in a fully regulated manner. Regulated tokenization creates concrete opportunities for financial innovation and business expansion, aligned with legal security and market trust.
Informational content. It does not constitute an offer of securities, currency exchange services, or payment. Past performance does not guarantee future results. Azify acts directly or through duly authorized partners, as per the scope. Assess risks, accounting and tax impacts with your advisors.
How can companies start to safely apply regulated tokenization?
To implement tokenization within the law, it is essential to follow some strategic steps:
Map the applicable regulatory scope: identify whether the tokens fall under the classification of securities, bonds, or digital assets.
Select authorized partners: exchanges, custodians, and technology providers that are licensed in accordance with the regulations of Bacen and CVM.
Ensure robust compliance processes: KYC/AML/CTF, continuous auditing, and transaction observability.
Develop auditable smart contracts: ensure payments, dividends, and automatic transfers without risk of failure.
Monitor regulatory updates: pay attention to changes in Brazilian legislation, ensuring that the business model remains compliant with the law.
Tokenization is a powerful tool for companies looking to create new business models and secure, transparent, and legal fundraising opportunities. By following regulations such as Law 14.478/2022 and LGPD, it is possible to transform physical assets into digital ones, opening doors to financial innovation, attracting investors, and operational efficiency.
Although there are regulatory and operational challenges, the adoption of robust processes for compliance, auditing, and technological integration ensures that companies can harness the full potential of tokenization without compromising legal security or reputation.
To explore how your company can benefit from digital and innovative solutions, talk to our team. We assess the regulatory and technical scope to determine if your organization is ready to safely and efficiently integrate BaaS APIs, ensuring compliance and growth opportunities within the law.
