Executive advisory for financial institutions, tokenization platforms, and growth-stage Web3 infrastructure bridging Latin American innovation with global markets.
Brazil's institutional tokenization market is moving fast: Itaú, Latin America's largest bank, is now piloting tokenized fixed-income and fund instruments through ANBIMA's coordinated DLT initiative, alongside more than 50 banks and asset managers testing 20 selected use cases. B3, the national exchange, is bringing its stock registry onto blockchain rails with a target launch in H2 2026, alongside its own real-linked stablecoin. Beneath the banks, a fast-moving infrastructure layer — LIQI, Vórtx/QR Capital, and Virgo among them — is already processing billions of reais in live tokenized credit and receivables. CVM has stood up a dedicated working group to propose a regulatory framework for tokenized securities on a 60-to-120-day clock. Scaling any of this across borders — or connecting international institutional capital into it — requires deep expertise in global market infrastructure, cross-jurisdictional regulatory frameworks spanning Europe (MiCA, ESMA DLT Pilot) and the United States (FINRA, broker-dealer/ATS licensing), and complex cross-border execution.
With two decades of experience spanning Magic Circle, white shoe, and offshore structured finance, crisis-era sovereign capital transactions, early Ethereum commercialization, and leading strategy for Europe's first regulated DLT trading and settlement platform, I partner with C-suite teams and founders to execute high-stakes digital asset initiatives.
Guidance on aligning domestic tokenized assets (receivables, credit notes, debentures, fund units) with European institutional liquidity and standards. Focus on infrastructure design, governance frameworks, and regulated exchange readiness — informed by direct experience inside a live BaFin/ESMA-regulated DLT pilot.
Strategic positioning for global institutional adoption — relevant for Brazil's fast-growing tokenized credit and receivables infrastructure layer (LIQI, Vórtx/QR Capital, Virgo, and similar platforms). Navigating foreign regulatory environments, preparing for Series A/B institutional growth, and coordinating international go-to-market execution.
Advisory for institutions and platforms pursuing US market entry, drawing on firsthand experience leading a regulated DLT platform's US expansion — including broker-dealer/ATS licensing strategy, FINRA engagement, and building out on-the-ground presence.
Advisory for exchanges and market infrastructure operators building tokenized trading, settlement, and depository capabilities — drawing on firsthand experience leading strategy for a live, regulated DLT trading and settlement system from build to BaFin/ESMA licensing.
Mark David Bakacs is an executive strategist and former corporate lawyer specializing in international capital markets, tokenized financial assets, and digital asset infrastructure.
Direct engagements are limited to select institutional projects, banking advisory roles, and high-growth Web3 infrastructure teams.