• Valour Solana ETP gains approval from Brazil’s B3 S.A. stock exchange, enabling seamless integration into traditional markets.

• Denominated in Brazilian reais, VSOL tracks Solana’s performance for easy access by regional investors.

• Brazil ranks fifth globally in crypto adoption per Chainalysis, with high retail and institutional activity driving growth.

Discover Valour Solana ETP Brazil launch: Regulated SOL exposure for investors amid booming crypto adoption. Explore impacts and opportunities now. (142 characters)

What is the Valour Solana ETP in Brazil?

Valour Solana ETP Brazil is an exchange-traded product launched by Valour, a subsidiary of DeFi Technologies, offering Brazilian investors regulated access to Solana (SOL), one of the top cryptocurrencies by market capitalization. Approved by Brazil’s primary stock exchange, B3 S.A., the product, known as Valour Solana (VSOL), begins trading in Brazilian reais and mirrors Solana’s price movements within a secure capital markets framework. This initiative builds on Valour’s existing ETPs for assets like Bitcoin, Ether, XRP, and Sui, catering to the rising demand for diversified crypto investments in Latin America.

The Solana-linked product expands Valour’s Brazil footprint as demand for regulated crypto exposure grows among regional investors.

Valour, a subsidiary of publicly listed digital asset company DeFi Technologies, has received approval to launch a Solana exchange-traded product (ETP) in Brazil, offering local investors regulated exposure to one of the largest cryptocurrencies by market capitalization as institutional interest in the region continues to grow.

The product, Valour Solana (VSOL), is scheduled to begin trading on Wednesday following approval from Brazil’s main stock exchange, Brasil, Bolsa, Balcão (B3 S.A.), DeFi Technologies announced Tuesday.

The Solana (SOL) product will join Valour’s expanding lineup of Brazil-listed ETPs, which already provide exposure to Bitcoin (BTC), Ether (ETH), XRP (XRP) and Sui (SUI).

Like Valour’s other offerings in the country, VSOL will be denominated in Brazilian reais and designed to track the performance of Solana, one of the most active layer-1 blockchain networks, within a traditional capital markets structure.

The launch reflects Valour’s broader strategy to expand beyond its core European markets, with Brazil emerging as a key focus for its international growth.

Source: Valour Funds

Related: Why Brazil is using Bitcoin as a treasury asset and what other nations can learn

How is Brazilian crypto adoption accelerating through products like the Valour Solana ETP?

Brazilian crypto adoption is surging, with the country securing the fifth spot globally in the Chainalysis 2024 Global Crypto Adoption Index, trailing only India, the United States, Pakistan, and Vietnam. This ranking highlights strong performance in retail centralized service usage, decentralized finance participation, and institutional inflows, fueled by economic factors like inflation hedging and remittances. According to Chainalysis data, Brazil’s transaction volumes reached billions in value last year, underscoring its role as a Latin American hub.

The Valour Solana ETP contributes to this momentum by bridging traditional finance and blockchain, allowing investors to gain Solana exposure without direct wallet management. Experts note that regulated products like VSOL reduce entry barriers, encouraging broader participation. For instance, a report from the Brazilian Central Bank emphasizes stablecoin usage in payments, which has grown over 200% year-over-year, supporting efficient cross-border transfers.

Digital asset adoption in Brazil has been gaining momentum for several years, with the country ranking fifth globally in a recent Chainalysis report, behind only India, the United States, Pakistan and Vietnam. 

Brazil scored strongly across multiple categories, including retail use of centralized services, decentralized finance activity and institutional access.

Brazil has emerged as a key hub for digital assets, driven by high transaction volumes and broad access to cryptocurrency services among both retail and institutional investors. Source: Chainalysis

A key driver of that growth has been the expansion of stablecoin-based payment rails. Brazil’s central bank has acknowledged the widespread use of stablecoins for payments, particularly in cross-border transactions. 

As Cointelegraph reported, this trend enabled local fintech company Crown to raise capital for launching a real-denominated stablecoin aimed at institutional investors seeking exposure to Brazil’s fixed-income market.

Crypto exchanges have also contributed to the sector’s expansion. Mercado Bitcoin, one of Latin America’s largest digital asset platforms, has recently expanded its focus toward tokenizing real-world assets, positioning itself to meet institutional demand for blockchain-based financial products.

Related: Brazil classifies stablecoin payments as foreign exchange under new rules

Regulatory clarity has been pivotal; Brazil’s securities commission, CVM, has progressively approved crypto-linked instruments, fostering trust. DeFi Technologies’ CEO, Guillaume Rabault, stated in a company release that “Brazil represents a strategic market where innovation meets regulation, and the Solana ETP will empower investors to participate in high-growth networks like Solana’s ecosystem.” This aligns with Solana’s technical strengths, including its high throughput of over 65,000 transactions per second, making it attractive for DeFi and NFT applications.

Furthermore, the influx of institutional capital is evident from data by Glassnode, showing Brazil’s on-chain activity rivaling major economies. Stablecoins like USDT and USDC dominate local trading pairs, with volumes exceeding $10 billion monthly on platforms like Binance and local exchanges. The Valour Solana ETP taps into this by offering a low-cost alternative to spot trading, with fees typically under 2%, appealing to pension funds and wealth managers navigating Brazil’s volatile fiat environment.

Frequently Asked Questions

What benefits does the Valour Solana ETP offer Brazilian investors seeking long-tail crypto exposure?

The Valour Solana ETP provides Brazilian investors with secure, regulated access to Solana without the complexities of direct cryptocurrency ownership. It tracks SOL’s price in real-time, denominated in reais, minimizing currency risk. With Brazil’s crypto market projected to grow 25% annually through 2028 per Statista, this ETP supports portfolio diversification amid rising institutional adoption.

Why is Solana a popular choice for ETPs in emerging markets like Brazil?

Solana stands out for its speed and low costs, processing thousands of transactions per second at fractions of a cent, ideal for DeFi and payments in price-sensitive regions. In Brazil, where mobile banking dominates, Solana’s ecosystem supports real-world use cases like remittances, making it a natural fit for regulated products that bridge traditional and digital finance seamlessly.

Key Takeaways

• Brazil’s Crypto Leadership: Ranking fifth in global adoption per Chainalysis, Brazil’s market features robust retail and institutional activity, boosting products like the Valour Solana ETP.
• Regulated Expansion: VSOL’s B3 S.A. approval enables real-denominated trading, aligning with central bank recognition of stablecoins for efficient payments.
• Institutional Growth: Platforms like Mercado Bitcoin are tokenizing assets, signaling deeper integration of blockchain into Brazil’s $2 trillion economy—investors should monitor regulatory updates for opportunities.

Conclusion

The launch of the Valour Solana ETP Brazil marks a significant step in integrating Brazilian crypto adoption with global blockchain innovation, offering investors a regulated pathway to Solana’s dynamic ecosystem. As institutional interest intensifies and adoption metrics climb, Brazil solidifies its position as a Latin American powerhouse. Stay informed on evolving regulations and market trends to capitalize on these opportunities in the rapidly expanding digital asset landscape.