[Brazilian Securities Commission Establishes Tokenization Task Force, Experimental Regulatory Framework to Be Submitted Within 60 Days] According to the official website of the Brazilian Securities Commission (CVM), CVM established a Securities Tokenization Task Force (GTT) on July 17, 2026, responsible for conducting research, testing, and regulatory development around Distributed Ledger Technology (DLT). The initial operational period of the task force is 120 days, with its first mission being to submit an experimental regulatory framework proposal for securities tokenization to the CVM committee within 60 days. CVM Chairman Otto Lobo stated that tokenization is one of the most significant structural transformations in the capital market, requiring equally innovative regulatory responses.