We are excited to welcome Mercado Bitcoin Digital Assets as a new member of ITSA. Mercado Bitcoin is the biggest crypto exchange in all of Latin America, with over 3 million customers. Through them, users can trade all types of cryptocurrencies, including DeFi. Mercado Bitcoin Digital Assets (MBDA) is the part of the exchange that has joined ITSA as an active member. MBDA is the digital assets ("Investment Token") section of the Mercado Bitcoin consortium. After Bitrust Digital Custody (the first regulated digital asset custodian in Brazil), MBDA is the second company from the Mercado Bitcoin ecosystem to join ITSA. They have successfully launched and funded several investment token projects in brazil, which can be bought and traded via the Mercado Bitcoin exchange As an active member, MBDA will be able to seamlessly integrate ITIN and ITC information into their accounting solution.
The International Token Standardization Association (ITSA) e.V. is a not-for-profit association of German law that aims at promoting the development and implementation of comprehensive market standards for the identification, classification, and analysis of DLT- and blockchain-based cryptographic tokens. As an independent industry membership body, ITSA unites over 100 international associated founding members from various interest groups. In order to increase transparency and safety on global token markets, ITSA currently develops and implements the International Token Identification Number (ITIN) as a market standard for the identification of cryptographic tokens, the International Token Classification (ITC) as a standard framework for the classification of cryptographic tokens according to their inherent characteristics. ITSA then adds the identified and classified token to the world’s largest register for tokens in our Tokenbase.