Evertec acquires 67% stake in Brazils BBChain
Summary
Evertec acquired a 67% stake in BBChain, a Brazilian blockchain technology company. BBChain builds asset tokenization, digital custody, and blockchain infrastructure for financial institutions and capital markets. Evertec said the deal expands its presence in Brazil and supports a broader blockchain strategy across Latin America. The company plans to use Brazil as a hub to extend these services to investment funds, fixed income, and credit markets.
AskAI Classifications
Sectors
Fintech, Banking and Payments
General Fintech
Payment Processing
Functions
ERP and Process Management
Developer and IT Infrastructure
ERP Software
