Banco Bradesco SA just told the market it plans to raise up to 10 billion reais, roughly $2 billion, with backing from its top investors. The capital increase is designed to fuel the Brazilian banking giant’s ongoing digital transformation, which increasingly includes blockchain infrastructure, stablecoin pilots, and crypto asset custody.
What Bradesco is actually building
Bradesco, Brazil’s second-largest private-sector bank by assets, has been assembling a crypto and blockchain playbook over the past several years.
In January 2025, the bank partnered with Parfin, a digital asset infrastructure firm, to pilot stablecoin-based cross-border payments and trade settlements.
Reports from May 2026 indicate Bradesco is preparing to launch digital asset custody services covering both crypto assets and stablecoins.
