Nicholas Sacchi

🚗 banco BV Revolutionizes Car Financing with Blockchain Tokenization 🌐 banco BV, a leading Brazilian financial institution in the car loan market, is pioneering a new era in automotive financing through a groundbreaking tokenization pilot program. In partnership with Consensys and Parfin, this initiative aims to transform the way vehicles are purchased and financed using blockchain technology. Key Developments: 1️⃣ Innovative Pilot Program: The program tests a tokenization system that automates car sales processes, utilizing digital money and tokenized car ownership certificates to streamline vehicle purchases. 2️⃣ Blockchain Efficiency: By executing financing transactions on the blockchain, BV Bank aims to expedite the entire car buying process, making it faster and more transparent for consumers. 3️⃣ Integration with CBDC: Looking ahead, BV Bank plans to integrate its tokenization platform with the Central Bank of Brazil’s upcoming digital currency, enhancing the robustness and versatility of its financial services. Strategic Impact: - Enhanced Transparency and Security: Carlos Bonetti, BV Bank’s Executive Director of Risk and Operations, highlights the transparency and risk mitigation benefits of the new system, which promises to reduce operational and financial risks significantly. - Customer Benefits: The tokenization of car financing is set to offer immediate settlement of dues and simplify operations, improving overall customer service. Broader Industry Applications: - Blockchain in Automotive: Beyond car financing, blockchain technology is increasingly being adopted in the automotive sector for applications like monitoring vehicle conditions, managing leases, and even rewarding drivers with tokens for data sharing. - Industry Collaboration: Initiatives like the Mobility Open Blockchain Initiative (MOBI) reflect the growing importance of blockchain in the automotive industry, with major manufacturers and tech firms collaborating to harness this technology. 💬 Discussion Point: How do you see blockchain technology further transforming the automotive and financing industries? 🔄 Share your thoughts on this innovative approach to car financing and its potential impacts on the automotive market! #BVBank #Blockchain #CarFinancing #Tokenization #AutomotiveIndustry #DigitalInnovation 🔗 Dive deeper into BV Bank's tokenization initiative and its implications for the future of car financing 👉 https://lnkd.in/gg3QNQdy Feel free to share this post to explore how emerging technologies like blockchain are reshaping traditional industries!

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Another Central Bank looking to regulate #stablecoins for cross border and local #payments - scheduled to be closed in 2024 This is happening all over the world. Brazil anyone? I am #recruiting #strategicpartners across #latam to work with local banks and other partners to build these stablecoins. Please contact me if you are interested to go an exciting journey together. #futureofmoney #stablecoins #payments #crossborder

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Linkedin is boring for degens, but I'll share the thread I posted on X recently about how excited I am for the integration of Drex in Brazil and how this will accelerate the adoption and acceptance of stablecoins here. Brazil is taking a leap into the future with Drex! The Central Bank's stablecoin (CBDC) will transform the life of millions - and can revolutionize our economy. 👇 1. Caixa Econômica Federal wants to use Drex to pay Bolsa Família and Unemployment Insurance. This initiative could boost Brazil's digital economy and open new opportunities for stablecoins! 2. Imagine a future where social payments like Bolsa Família (21 million families) reach beneficiaries instantly, securely, and without costs. With Drex and stablecoins, this reality is closer than ever! 3. But the advantages go beyond social programs. Stablecoins can revolutionize how companies conduct business, how consumers pay for goods and services, and how investors diversify their portfolios. 4. Brazil already has fertile ground for this transformation. We are the 5th largest country in the world in terms of smartphone users, with a young population connected through innovative financial solutions. 5. And the success of Pix, the instant payment platform that already has over 150 million users, demonstrates the country's openness to embracing new financial technologies. 6. Stablecoins, tied to real assets like the Real or Dollar, can offer stability and reliability for transactions, as well as facilitate access to financial services for people outside the traditional banking system. 39.5% of Brazilians do not have a bank account (equivalent to 53 million people). 7. Brazil ranks 1st in Latin America in trading volume in the DeFi and altcoin markets, demonstrating enormous growth potential for innovative solutions. 8. With the strength of the DeFi and altcoin market in Brazil, the implementation of DREX could show the world how an emerging economy can excel in the adoption of stablecoins. 9. The arrival of DREX could mark a new era for the stablecoin economy in Brazil, positioning the country as a global leader. We are ready for an innovative future! LFG! I'm bullish about how DREX can accelerate crypto adoption for Brazilians.

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Thanks to Swen Werner for sharing his time and insights for the #Web3inFinancialServices book! Out now online and in your local bookstores 🚀 #blockchain #finance #crypto

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I'm excited to share with you that D¥N is now an approved payment token by the CVM in Brazil! 🇧🇷 Recently, Dynasty Global received the long-awaited classification of D¥N by the Brazilian Securities and Exchange Commission (CVM), after more than two years since the process began. Now, we're ready to make our mark in Brazil! This recognition of D¥N by the #CVM is a significant step towards clarifying the distinction between security #tokens and #payment tokens. It also creates more room for the development of innovative technologies in the national #market, contributing to a more dynamic and vibrant landscape that respects the economic essence of what is distributed. Here are some articles from major Brazilian media outlets covering this new milestone for Dynasty Global - the links are in the comments! Thank you, Valor Econômico S/A, Portal do Bitcoin, and Cointelegraph. Let's go together and build this story? Share, like and put in the comments how you think you could contribute to our journey in Brazil. 🚀

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Another very interesting Brasilian fintech, Celcoin, raised a $125 million round led by Summit Partners Brazilian #fintech powerhouse #Celcoin has announced a massive $125 million investment led by #Summit Partners. This significant funding round also saw participation from existing investor Innova Capital and financial technology executive John Coughlin, formerly of Corpay. This new capital injection is set to propel Celcoin's expansion and solidify its leadership in the Banking as a Service (BaaS) and embedded finance market. Founded by Marcelo França Corrêa (CEO) and Adriano Meirinho (CMO), with Thiago Zaninotti (CTO), Nijni Yuri Carvalho Farias (CFO), and Bárbara Possignolo (Legal Director) on the leadership team, Celcoin operates in the BaaS sector. The company provides innovative financial infrastructure solutions for banks, fintechs, and enterprises, offering services that span payments, banking, and lending. Their client base includes over 400 financial institutions and 5,000 non-financial companies. Celcoin is also a leading provider of Open Banking solutions in Brazil, a market known for its rapid financial technology advancements. This substantial funding, led by Summit Partners who have a history of backing successful fintech firms like EngageSmart, Corpay, and Calypso Technology, will enable Celcoin to accelerate technology and product development, explore organic and M&A-driven growth opportunities, and expand its footprint both in Brazil and across Latin America. Celcoin's growth trajectory has been remarkable. The company recorded $63 million in annual recurring revenue in the first quarter of 2024, a 140% increase from the previous year. They process over 200 million Pix transactions monthly and have completed four strategic acquisitions since 2022, including Galax Pay, Flow Finance, Finansystech, and Reg+, enhancing their offerings and market reach. Celcoin's technology allows a diverse range of companies to embed financial services directly into their ecosystems, representing the future of the financial sector. This investment reinforces Celcoin’s commitment to innovation and expanding financial access for all Brazilian consumers. The article on the Financial Times in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

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Target wallet owners based on their on-chain/ off-chain activities and demographics! 🎯 Our platform enables you to: ◾️ Reach traders & token holders ◾️ Target users by location, like Brazil 🇧🇷 ◾️ Engage users with your smart contracts ◾️ Even target your competitor's game players! And more! Dive into how Addressable can supercharge your Web3 marketing strategies with insights from Asaf Nadler, Catch the full episode for detailed tips and tricks! 👉 https://lnkd.in/dc8Pt8i9

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Brazil will be the undisputed leader in real world assets (RWA) 🇧🇷 Whereas most countries bang the PR drum on asset tokenization, many quietly choke up applications for new licenses. Banco Central do Brasil is different. Brazil’s Central Bank Governor Roberto Campos was presenting updates on Drex - the digital Brazilian Real that will launch in months & create most impact globally Drex is not just a currency. It’s the base infrastructure rails, EVM-compatible, ready for innovation. 16 consortiums are already testing products in beta Will they need licenses? Likely. Is regulation holding them back? Absolutely not Later in the day, I had the privilege to be on a panel to unpack new financial structures enabled by blockchain. A huge thank you to the panelists with their rich insights: -Fabio Tonetto Plein, Regional MD of Americas for Coinbase - Guilherme Cannavale Rebane, CGA, co-founder of Nonco - Manuel Echanove Puig , Head of BD LATAM for Polygon Labs - Michael Cahill , Co-Founder of Pyth and Douro Labs Many thanks to Valor Capital Group - Michael Nicklas and Bruno Batavia for inviting me to speak at the Valor Emerging Tech Summit! An excellent event with the who’s who of LATAM 🙏

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Banco Itaú, the largest bank in Brazil and the whole of Latin-America has expanded crypto trading to it’s users.🏦 With over 60 million users this will surely increase the overall adoption of crypto and with it’s history of hyperinlation this could be very good news for Brazil.🌐 #bitcoin #crypto #cryptocurrency #currency #ethereum #blockchain https://lnkd.in/d4G8TqKu

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Stabull is thrilled to announce the addition of 3 new stablecoins to our DEX and liquidity pools (BRZ) is the first Brazilian Real-backed stablecoin issued by Transfero Swiss. The reserves backing BRZ are held in regulated financial institutions, with regular audits to maintain transparency and trust​ (XSGD) is a Singapore Dollar-backed stablecoin issued by StraitsX, a division of Xfers. Fully collateralized and regulated, XSGD allows users to transact with the security and stability of the Singapore Dollar. (GYEN) is s a Japanese Yen backed stablecoin, issued by Trust Company. It is the first regulated JPY stablecoin and is fully backed by reserves held at insured financial institutions. https://stabull.finance/

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Step-by-Step Guide to Using Eldorado

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Payment tokens are already a reality! 💰 Recently, I authored an article for Portal do Bitcoin, one of the most well-known platforms specializing in cryptocurrency in Brazil, discussing the ability of payment tokens to be transacted globally with minimal bureaucracy. This is a point I have been emphasizing for some time now, and it is gaining traction in the real estate market. 🏙️ This is because, in practice, payment tokens allow property owners to leverage the full potential of blockchain technology. While property tokens tend to be limited to local or regional investors, here we have a global appeal, making it a powerful tool for entrepreneurs seeking to maximize liquidity on their properties in the short term. It's worth mentioning here that our payment token, D¥N, is available for trading on ProBit Global exchange, and we are preparing for listings on other global exchanges. 🔗More details are available in the complete article linked in the comments. Thank you for the opportunity, Portal do Bitcoin!

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Brazilian challenger Nubank has acquired US-based data intelligence start-up Hyperplane for an undisclosed sum. The deal will see Nubank utilise Hyperplane’s AI expertise to power its core machine learning capabilities as it looks to provide more personalised financial products and services to its customers. In addition, Nubank intends to harness its new acquisition’s AI tech to build foundational models that its product and engineering teams can “consume” to upgrade its customer experience at “every step of their journey”. Founded in 2022, Hyperplane offers a platform that helps financial institutions assess, train, and deploy self-supervised, deep-learning models leveraging first-party data to enhance decision-making. In late 2023, the US start-up came out of stealth mode with $6 million in seed funding. The company revealed to TechCrunch that it was collaborating with “about a dozen” banks in Brazil at the time, and aimed to expand into the US market. Felipe Lamounier, Hyperplane’s co-founder, says the acquisition by Nubank will “accelerate our vision of hyper-personalised consumer banking because of the maturity of their data stack and a culture of innovation”. Nubank says its existing technology infrastructure and “integration path” will allow the challenger to …

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CrossFi x ETH Brazil Leo Kahn, CMO at CrossFi, will be taking the stage at the Ethereum Brasil on May 13th, delivering a talk on "Bridging TradFi and DeFi: The case for CrossFi." During his presentation, Leo will dive deep into the innovative concept of bridging TradFi and DeFi through the unique solutions offered by CrossFi. Stay tuned to not miss the news from ETH Brazil!

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In some tourist cities in Brazil, it's already possible to make payments with cryptocurrencies! 🇧🇷 Jericoacoara, São Thomé das Letras, and Rolante are following the global trend of accepting Bitcoin as a currency for local commerce. This is a common system in other countries, including here in Switzerland, which already has a strong relationship with cryptocurrency payments. It's no wonder I chose to come here to develop D¥N, the #payment #token of Dynasty Global . This trend has been gaining popularity in Brazil, mainly because the security of blockchain technology, fast transactions with low costs, and privacy are major attractions for both Brazilian consumers and tourists from various countries accustomed to #cryptocurrencies. Interest in these transactions has been growing rapidly and is expected to become an even bigger trend. Will we soon have news about #D¥N in Brazilian soil as well? 👀

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We're excited to be back in Rio de Janeiro for another edition of Ethereum Rio! We're looking forward to sharing insights, having meaningful conversations, and diving into all things crypto. 💬 If you see us during the event, let's connect and explore more about the crypto world together. 🚀 Ethereum Brasil Ethereum #EthereumRio #EthereumRio2024

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Read my latest piece on Banking Risk and Regulation part of Financial Times. 👇 In this piece we look specifically at some of the implications for Risk Professionals and the key role they could play in Web3. #web3 #blockchain #crypto #finance

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Understanding RWA Tokenization and DComm's Approach. RWA tokenization unlocks new avenues for investment and asset trading by transforming ownership rights of real-world assets into digital tokens on a blockchain. This essentially creates a digital representation of the asset, allowing for fractional ownership, increased liquidity, and potentially more efficient transactions. Real-world assets that can be tokenized include tangible investments like real estate, art, or commodities, as well as intangible assets like intellectual property or even revenue streams. Some benefits: Opportunities : Investors gain access to a broader range of investment opportunities beyond traditional asset classes like stocks and bonds. Fractional Ownership: It's allows investors to purchase small fractions of high-value assets, enabling them to participate in markets that were previously inaccessible due to high entry barriers. This democratization of investment opportunities opens up possibilities for a wider range of investors. Liquidity: It enhances liquidity by enabling easier transferability of asset-backed tokens on digital asset exchanges. Investors can trade tokens more efficiently, potentially reducing the time & costs associated with traditional asset transactions. Global Access & Market Efficiency: Tokenization facilitates global access to investment opportunities, eliminating barriers & allowing investors from different parts of the world to participate in the same assets. This increased market efficiency can lead to better price discovery and reduced transaction costs. Potential for Higher Returns: Depending on the performance of the underlying assets, investors may benefit from potential capital appreciation, rental income, or other revenues. The market potential for RWA tokenization is vast, with the potential to transform traditional asset markets, unlock trillions of dollars in value, drive financial innovation, and promote greater financial inclusion on a global scale. DComm's innovative approach to revolutionizing RWA tokenization involves a strategy. By melding advanced technological solutions with a governance model that prioritizes community input, DComm aims to create a decentralized ecosystem that is accessible to individuals worldwide. Through leveraging decentralized communication protocols, DComm not only seeks to democratize access to investment opportunities but also to enhance the efficiency of asset markets. Moreover, a strong emphasis on security and compliance ensures that participants can engage with confidence, mitigating risks and fostering trust in the system. Ultimately, DComm envisions a future where RWA tokenization is seamlessly integrated into global financial systems, empowering individuals from diverse backgrounds to participate in investment activities and promoting greater financial inclusion on a global scale.

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