Solana just opened a new front in Latin America.
Asset manager Valour has secured regulatory approval to list a Solana exchange traded product on Brasil, Bolsa, Balcão (B3), Brazil’s main stock exchange. Starting Wednesday, the product will trade under the ticker VSOL, giving Brazilian investors direct exposure to Solana without leaving the comfort of traditional brokerage accounts.
This is not Valour’s first move in the region. It is a calculated expansion.
Brazil is already home to Valour listed ETPs tracking Bitcoin, Ethereum, XRP, and SUI. Like its other offerings, the Solana product is denominated in Brazilian reais, allowing investors to track crypto price movements inside a regulated market structure rather than navigating offshore exchanges or self custody.
The timing makes sense.
According to Chainalysis, Brazil ranks fifth globally for digital asset adoption, trailing only India, the United States, Pakistan, and Vietnam. Activity spans retail trading, DeFi participation, and growing institutional interest. Crypto in Brazil is not a niche. It is part of the financial conversation.
For DeFi Technologies, Valour’s publicly listed parent company, Brazil is more than a single market entry. It is a strategic pillar in the firm’s push beyond its European base. The country’s evolving regulatory framework has created an environment where institutional participation in digital assets can scale, rather than stall.
Payments are a big part of that story.
Stablecoin usage has surged across Brazil, especially in cross border transactions. The central bank has publicly acknowledged the trend, and local fintech Crown is now working on a real denominated stablecoin aimed squarely at institutional users.
The broader ecosystem is shifting too.
Mercado Bitcoin, one of Latin America’s largest crypto platforms, has increasingly focused on tokenizing real world assets. The goal is clear. Capture institutional demand for blockchain based financial products as the market matures and regulation brings clarity.
Against that backdrop, Solana’s inclusion feels inevitable.
The Solana network consistently ranks among the most active layer one blockchains by transaction volume and developer engagement. By launching VSOL on B3, Valour is offering a regulated on ramp to one of the fastest growing ecosystems in crypto.
For Brazilian investors, Solana is no longer just a crypto native asset. It is now part of the public market toolkit.
