Mercado Bitcoin said it has issued more than $20 million in tokenised private credit on Bitcoin sidechain Rootstock, targeting $100 million in total issuance by April as it expands its real-world asset strategy.
The Brazilian digital asset platform said several of the Rootstock-based offerings have already reached full capacity since launch, underscoring investor demand for tokenised private credit.
“What is particularly interesting is that these are not limited to Brazilian companies,”
Said Lucas Pinsdorf, business director at Mercado Bitcoin, adding that the issuances also include debt for a US company.
The move adds Rootstock to Mercado Bitcoin’s multichain approach, alongside planned RWA issuances on Stellar and the XRP Ledger, offering Bitcoin-secured exposure to Latin American private debt.
Pinsdorf said the initial $20 million allocation sold through quickly, boosting confidence that the $100 million target would be reached “very soon.”
Data from RWA.xyz shows Mercado Bitcoin ranks among the world’s top 10 tokenised private credit issuers, with more than $370 million in cumulative loans, though still well behind global leaders.
Mercado Bitcoin said the structures operate within Brazil’s regulated framework under oversight from the Comissão de Valores Mobiliários and the Central Bank of Brazil, as it continues engaging regulators on clearer tokenisation rules.
At the time of reporting, Bitcoin price was $72,686.40.