RWA 🌐 Global & Macro: Brazil’s crypto market is projected to hit $98.7B in 2025, with banks expanding client-facing services while holding zero proprietary crypto—highlighting cautious institutional positioning amid regulatory clarity.
🏦 RWA & Institutional: Brazilian banks are broadening crypto offerings as the regulatory framework matures, focusing on customer demand rather than direct exposure. Boyaa Interactive boosts Bitcoin holdings to 4,316 BTC, reinforcing corporate treasury accumulation.
⚡ Crypto & Markets: Boyaa Interactive added 115 BTC, bringing total to 4,316 BTC. Brazil’s market growth and bank service expansion signal mainstream adoption, yet banks’ zero holdings indicate risk-off sentiment among institutions.
💡 Key Takeaway: Institutional adoption in emerging markets is rising via client services, but balance-sheet caution persists—a divergence that may shape future RWA and crypto integration strategies.