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GTI Tokenization Working Group

Overview​

The Interdepartmental Working Group (GTI) on Tokenization was established by the Central Bank of Brazil (BCB) to support the development of the DREX ecosystem infrastructure, focusing on multi-asset distributed ledger technology (DLT).

Working Group Objectives​

The GTI evaluates the following key aspects of financial asset tokenization:

Market Analysis​

  • Comparative analysis between Brazilian and international experiences
  • Evaluation of BCB's Sandbox and LIFT initiative results
  • Establishment of digital economy discussion forums with regulators and market participants

Technical Assessment​

  • Mapping of financial activities:
    • Bookkeeping
    • Registration
    • Deposit
    • Custody
    • Trading
    • Settlement

Impact Studies​

  • DLT/Blockchain impact on services and market structure
  • Efficiency gains within the National Financial System (SFN)
  • Risk assessment:
    • Financial risks
    • Operational risks
    • Reputational risks
    • Business risks

Security & Regulation​

  • Cybersecurity evaluation of current tokenization solutions
  • Legal framework analysis
  • Regulatory adjustment proposals

Working Structure​

The GTI operates through nine specialized thematic subgroups:

  • Sustainable Finance dedicated subgroup
  • Digital economy forum coordination subgroup
  • Seven additional specialized subgroups

🔗 Related: GTI Tokenization Webinar Series

🚧 This documentation is actively maintained and updated as the GTI activities progress.