Tokenization of Receivables Set to Double by 2026, Driving Fintech Innovation in Credit and Cost Efficiency

The report from Livecoins highlights how Brazil’s financial infrastructure has rapidly evolved into one of the most progressive tokenization ecosystems in Latin America.
Institutions are increasingly adopting blockchain-based receivables systems to digitize cash flows, speed up settlement times, and provide real-time transparency for both lenders and borrowers.

Experts project that the tokenized receivables market could exceed R$100 billion (~$20 billion USD) by 2026, powered by fintechs specializing in decentralized finance (DeFi), embedded lending, and digital asset structuring.

The Brazilian Central Bank’s regulatory sandbox and initiatives like DREX (Digital Real) are also key drivers, enabling compliant experimentation with tokenized debt, supply-chain finance, and credit rights.

Tokenizing receivables allows companies to transform illiquid assets — such as invoices, payments due, and trade credit — into tradable tokens on blockchain networks.

This process:

• Reduces intermediary costs for lenders and borrowers,
• Provides instant access to liquidity for SMEs,
• Enhances transparency and traceability, and
• Improves credit risk assessment through immutable smart contracts.

Fintechs see tokenization as a strategic tool for cost reduction and credit democratization, bridging traditional finance (TradFi) with DeFi infrastructure.

According to the article, Brazilian fintechs and neobanks are expected to dominate this expansion.
Startups in receivables, factoring, and microcredit are already leveraging permissioned blockchains and token issuance protocols to streamline funding for small and medium-sized enterprises.

Large financial players — including Itaú Unibanco, BTG Pactual, and Santander Brazil — are also exploring partnerships with blockchain startups to integrate tokenized receivables into their portfolios.

Experts predict that tokenization could cut operational costs by 30–50%, while improving credit inclusion for underserved businesses.

Finance and blockchain analyst Fernanda Lemos told Livecoins:

“Tokenization isn’t just a trend — it’s infrastructure. By turning receivables into transparent, verifiable digital assets, fintechs can scale credit faster, cheaper, and safer.”

She added that the synergy between Brazil’s Real Digital (DREX) project and private tokenization platforms could make the country a global reference point for financial digitalization.

Beyond Brazil, tokenization of receivables is emerging as a global DeFi use case — connecting traditional finance with blockchain transparency.
Regions like Europe and Southeast Asia are adopting similar models for trade finance, with regulators encouraging asset tokenization pilots to boost SME credit access.

As fintechs and banks move toward hybrid blockchain systems, tokenized credit markets could become a core component of financial infrastructure worldwide.

By 2026, analysts expect tokenization to become standard practice in corporate and retail credit markets.
Brazil’s leadership in digital finance — backed by regulation, innovation, and strong fintech adoption — could make it the regional hub for tokenized asset issuance and liquidity networks.

The next phase will likely involve AI-integrated credit scoring, smart contract automation, and cross-border receivables trading — setting the stage for a global, blockchain-powered credit economy.