CMC News

Solana ETP Launches on Brazil's B3 Exchange

Valour received regulatory approval to list its $SOL exchange-traded product on Brasil, Bolsa, Balcão (B3) this week, giving Brazilian investors direct access to #Solana through traditional capital markets. The product will trade under the ticker VSOL starting on Wednesday.

The launch expands Valour's presence in Latin America's largest economy, where the firm already offers #ETPs tracking $BTC, $ETH, $XRP, and $SUI. All products are denominated in Brazilian reais and provide exposure to cryptocurrency price movements within a regulated market infrastructure.

Brazil ranks fifth globally for digital asset adoption according to Chainalysis data, trailing only India, the United States, Pakistan, and Vietnam. The country demonstrates strong activity across retail trading, #DeFi protocols, and institutional investment channels.

DeFi Technologies, Valour's publicly listed parent company, views Brazil as central to its international expansion strategy beyond core European markets. The country's regulatory framework has supported growing institutional participation in digital assets.

Stablecoin usage has accelerated across Brazilian payment systems, particularly for cross-border transactions. The central bank has acknowledged this trend, prompting local fintech firm Crown to develop a real-denominated #stablecoin targeting institutional investors.

Mercado Bitcoin, one of Latin America's largest digital asset platforms, recently shifted focus toward tokenizing real-world assets. The exchange aims to capture institutional demand for blockchain-based financial products as the sector matures.

The Solana network ranks among the most active layer-1 #blockchain platforms by transaction volume and developer activity. Valour's ETP provides regulated exposure to the network's native token through traditional brokerage accounts.