Itaú Unibanco, Brazil’s largest lender and Latin America’s biggest bank by market capitalization, is partnering with Pittsburgh-based digital asset infrastructure provider OpenAssets to push tokenized capital market instruments from concept to reality. Over 50 organizations have signed up to evaluate the technical, operational, governance, and compliance elements that would underpin future digital market infrastructure. Itaú contributes institutional scale, regulatory relationships, and deep familiarity with Brazilian capital markets. Why Brazil keeps showing up in tokenization headlinesThe ANBIMA pilot targets the capital markets side: how securities are actually issued, traded, and managed. It’s an industry-wide attempt to figure out whether DLT can genuinely improve how Brazilian capital markets function.