Cayman Islands Banking Giant Pivots to Crypto, Becomes Brazil’s Key Liquidity Provider

INSUBCONTINENT EXCLUSIVE:
The Cainvest Group, a dominant banking institution in the Cayman Islands, has strategically transformed itself into a major cryptocurrency
By 2018, Cainvest began providing liquidity to Brazilian cryptocurrency exchanges through a proprietary trading system.Cayman Islands
(Photo Internet reproduction)This infrastructure now connects to over 20 Latin American crypto exchanges
of BRL1 StablecoinThe operation grew so significantly that the company executed a spin-off to separate its crypto division from traditional
banking operations
In March 2025, Cainvest partnered with Mercado Bitcoin, Bitso, and Foxbit to launch BRL1, a stablecoin pegged to the Brazilian real.This
digital asset aims to eliminate barriers between national and international exchanges while making the Brazilian market more liquid and
attractive.BRL1 operates on the Polygon blockchain and is fully backed by Brazilian reais and government bonds
year.Cainvest also launched an investment product offering 85% capital protection against Bitcoin depreciation while allowing investors to
trillion by 2028
Aboulafia sees tokenization as the future, comparing banks that ignore this trend to Blockbuster facing Netflix