Brazil’s Crypto Plan: Why BlackRock and Major Institutions Are All-In

• São Paulo hosts Brazil’s primary blockchain event, uniting leaders from Visa, BlackRock, and Binance in November 2025.

• Tether’s CEO will speak following a reported $500 billion valuation that surpasses major Brazilian corporations combined.

São Paulo hosts Brazil’s primary blockchain event, uniting leaders from Visa, BlackRock, and Binance in November 2025. Tether’s CEO will speak following a reported $500 billion valuation that surpasses major Brazilian corporations combined.

Brazil’s premier digital asset event, the Blockchain Conference Brazil (BCB), will convene in São Paulo on November 28 and 29, 2025. This gathering serves as the central meeting point for the nation’s digital economy, attracting government officials, industry executives, software developers, and global participants. The speaker lineup confirms participation from senior leaders at Visa, B3, Binance, and Tools for Humanity.

BlackRock’s Stance on Digital Finance

Cristiano Castro will represent the traditional finance sector on behalf of BlackRock. An economist by training, Castro’s professional background includes roles at BNP Paribas, Goldman Sachs Asset Management, and Itaú Unibanco. In his current capacity, he oversees Wealth Management and Institutional client relations for BlackRock’s operations in Brazil.

His scheduled presentation, “Digital Asset Allocation: Reshaping the Financial System and Investment Portfolios,” comes from the world’s largest asset manager. The company’s Brazil CEO, Bruno Barino, has previously expressed that cryptocurrency investments are a current reality which should not be overlooked.

B3’s Report on ETF Market Evolution

The Brazilian exchange B3 published its 2025 Annual ETF Report on November 13. The document details a period of considerable change for the country’s index-fund market. Domestic ETF assets under management have now surpassed R$ 75 billion.

This investment segment engages more than 850,000 individuals, with retail participants constituting 81% of this total. According to the report, the Brazilian market is transitioning from democratizing access to what it terms “accessible sophistication.”

B3 offers 19 cryptocurrency-linked products, consisting of ETFs and ETF BDRs that follow Bitcoin, Ether, and other digital asset indexes. The pioneer product, HASH11, began trading in April 2021. By April 2025, the net assets of crypto ETFs and funds on B3 reached roughly R$ 13.7 billion.

A dedicated panel, “Crypto ETFs and Funds: The Engine of Institutional Adoption,” will include perspectives from Felipe Gonçalves (B3), Samir Kerbage (Hashdex), and Fernando Carvalho (QR Capital).

Sponsors Outline the Event’s Strategic Role

Rocelo Lopes, a master sponsor involved in Brazil’s crypto scene since 2013, supports the event for its educational value. He stated that conferences like BCB help people understand the blockchain ecosystem, recognize leading firms, and distinguish serious projects.

Another sponsor, Tools for Humanity, will have its Brazil Country Director, Juliana Felippe, speak on privacy and digital wallets. Her presentation will explore password-free authentication, hash-based identity, and proof of humanity. Felippe commented that blockchain-based systems bring enhanced security and trust to online interactions, particularly for protocols like World ID.

Felipe Escudero, a BCB organizer, added that Brazil is well-placed to guide the upcoming phase of crypto adoption. He framed the conference as both a display of local innovation and a nexus for global entities looking to establish a presence in the region.