Brazil's largest lender Itaú is stepping deeper into the tokenization

60-second summary

Itaú Unibanco, Brazil's largest lender, is deepening its involvement in tokenization by partnering with OpenAssets to test tokenized bonds and funds in a pilot run by ANBIMA, Brazil's financial watchdog. The pilot is expected to explore the use of blockchain technology for asset tokenization, potentially paving the way for increased adoption in the Brazilian market.