EN 
Completion of the transaction expands the company’s solutions portfolio for financial institutions and accelerates its growth strategy across Latin America
Reinforcing its commitment to growth and leadership in financial technology across Latin America, Evertec today announced the completion of its acquisition of a 67% stake in Connecting Blocks Consultoria S.A., which operates under the BBChain Tecnologia Blockchain brand, a Brazilian company specializing in blockchain infrastructure technology for financial institutions.
The transaction, previously announced to the market, received all required regulatory approvals, including approval from Brazil’s Administrative Council for Economic Defense (CADE), and has now been officially completed in accordance with the agreed terms. With the financial settlement finalized, BBChain officially becomes part of Evertec.
Founded in 2018 and headquartered in São Paulo, BBChain develops asset tokenization, digital custody, and blockchain technology infrastructure solutions for financial institutions and participants in the Brazilian capital markets. The company participates in regulatory initiatives and pilot programs led by representative organizations within the financial sector, strengthening its position in a highly regulated market.
According to Claudio Prado, Executive Vice President and Head of Evertec’s operations in Brazil, “The completion of this acquisition strengthens Evertec’s strategy to expand its presence in blockchain and digital assets in Brazil. BBChain adds specialized capabilities to our portfolio, expands our footprint in a rapidly evolving market, and reinforces our long-term commitment to innovation. This integration positions us as a comprehensive partner for financial institutions across investment funds, fixed income, and lending, while creating significant opportunities to replicate this model throughout Latin America.”
With the completion of the transaction, BBChain joins Evertec, complementing the company’s technological capabilities, expanding its blockchain technology infrastructure solutions portfolio, and creating growth opportunities for customers, partners, and employees across the region. This move reinforces Evertec’s strategy of modernizing acquired businesses and enhancing their performance through greater scale and operational efficiency.
Evertec will continue investing in Brazil, with a focus on the ongoing modernization of its platforms and the strengthening of its solutions portfolio. The company reaffirms its commitment to developing local talent, driving continuous innovation, and supporting the success of its customers as they navigate an increasingly digital, innovative, secure, and competitive financial ecosystem.
