Insights Hub
April 27, 2026Strategic Consulting

CVM 88 and RWA: How Foreign Investors Enter the Brazilian Tokenized Asset Market with Legal Safety

Inside this article

  • Brazil at the forefront of digital asset regulation
  • What is CVM Resolution 88 and its impact
  • Fundraising limits and operational guidelines
  • Why Brazil attracts foreign capital for RWA
  • The local compliance barrier and how to overcome it

    • Brazil: A Regulatory Leader

    While the US market still faces legal battles over what constitutes a security, Brazil has built a clear framework. This predictability is vital for institutional foreign funds.

    Avalon provides the strategic consultancy needed to navigate CVM compliance, ensuring a smooth soft-landing for international investments.

    Ricardo ZagoRZ

    Ricardo Zago

    Consultant and Co-founder of Avalon Blockchain Consulting · Blockchain Professor at FIAP · Startup Mentor

    Ricardo Zago works on structuring blockchain businesses, real asset tokenization, and stablecoins for the corporate market. He develops projects at the intersection of traditional markets and decentralized infrastructure, focusing on regulatory feasibility and generating results for Brazilian companies.

    View LinkedIn profile →

    Esse tema é relevante para a sua empresa? A Avalon faz diagnósticos rápidos para identificar oportunidades em blockchain e ativos digitais.

    Talk to us