Bitshopp, a Brazilian startup specializing in blockchain, transacted US$ 1 million on its first day of operation.
The startup is taking a strategic step towards its international expansion, enabling, through its tokenization platform, the trading of tokenized bonds issued for the real estate segment in the United States.
On the first day, the initiative transacted US$ 1m – and is forecast is to reach more than US$ 30 million by the end of this operation.
The operation was structured by BWB Digital Assets, a company specialized in developing alternative investment portfolios, to intermediate the trading of tokenized bonds of Active LCA LLC, a company focused on investments in the American real estate and financial market.
Using Bitshopp’s platform as a base, which is 100% whitelabel and makes it possible to carry out the entire process of issuing and trading tokens in an agile and scalable way, BWB Digital Assets was able to implement in just one month a fully customized platform for Active LCA LLC to trade its tokenized assets directly with its customers, without the need for intermediaries.
“The blockchain tokenization process ensures more transparency, traceability, security, and liquidity for investors, eliminating traditional intermediaries and reducing operating costs,” said Marcos Mocatino, founder and CEO, Bitshopp.
The transactions of this initiative use USDC stablecoins, a cryptocurrency pegged to the value of the US dollar, as a settlement currency, to eliminate risks of currency volatility and simplify the process of payment and settlement of assets.
