BitGo has established Brazilian subsidiary BitGo Brasil Tecnologia Ltda. to expand its institutional digital-asset business in the country. The company plans to provide cryptocurrency custody and digital-asset treasury management for financial institutions, including banks, securities firms and asset managers. BitGo formally launched the subsidiary on July 25, 2025, placing its operations within Brazil’s regulatory perimeter as authorities tighten requirements for virtual-asset service providers, including local management of cryptographic keys. Brazil’s securities regulator, the CVM (Brazilian securities regulator), formed a Tokenization Working Group in July 2026 to develop an experimental framework for tokenized securities, with participation from ANBIMA, ABCripto and other market organizations. By September 2026, Brazil had recorded $835 million in tokenized assets across 386 series, 60 asset pools and 378 unique smart contracts (self-executing blockchain code). B3 announced plans for a tokenization platform and stablecoin product targeted for launch in late 2026. BitGo is focusing on institutional clients as financial firms assess custody, treasury and compliance infrastructure for tokenized credit and structured products.