Mercado Bitcoin issues over $20M in tokenized private credit

Mercado Bitcoin, Brazil's largest cryptocurrency exchange, has issued more than $20 million in tokenized private credit on the Bitcoin Layer 2 network Rootstock, Cointelegraph reported. The issued assets include accounts receivable and corporate bonds. The exchange aims to reach a cumulative issuance of $100 million by April through a multi-chain strategy that includes Stellar and the XRP Ledger.