# Brazil's CVM Forms Task Force to Regulate Securities Tokenization The securities watchdog prepares a framework for $740M tokenization market growth by 2025. - **Source:** [Bitcoin News](https://brifing.si/source/d8aeaf1e-9839-4dad-9d25-7a6bf3fbeef8) - **Published:** 2026-07-19 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/abc0da18-9044-4141-976e-7516a89a1dcd ## First Step in Tokenization Regulation Brazil's Securities Commission (CVM) established a 14-member working group to create rules for securities tokenization. The team will define processes for registration, custody, and settlement. This move anticipates tokenization volumes exceeding $740M by 2025, driven by current crowdfunding rules allowing $2.78M offerings. ## Experimental Regulatory Phase During the 120-day mandate, the group will conduct comparative analyses and evaluate regulatory sandbox results. An experimental regime proposal will be delivered within 60 days. CVM's president calls this a critical step for tokenization's 'structural transformation' of capital markets. ## Collaboration with Market Players The task force will engage regulators and industry stakeholders. Brazil's market currently permits token offerings up to $2.78M via crowdfunding. Discussions will focus on adapting existing regulations to decentralized technologies, ensuring compatibility with digital assets. ## Cybersecurity-Centric Approach The group will prioritize cybersecurity risk assessments, proposing enhancements for digital market infrastructure. CVM considers these efforts foundational for future tokenization rules. The analysis will incorporate 180-day crowdfunding windows into the framework. ## Aligning with Global Trends Brazil's initiative mirrors digital securities regulations in the US and EU. The flexible 120+30 day timeline draws from global best practices. Standards will be established for clearing and custody of tokenized assets. ## Capital Market Milestone As CVM President Lobo emphasized, this effort is part of Brazil's strategy to build a modern capital market. The $740M projection underscores regulatory urgency. The final report could unlock blockchain-based finance in Latin America's largest economy. ## Sources covering this story - https://news.bitcoin.com/brazils-cvm-launches-strategic-working-group-to-regulate-securities-tokenization/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._