Mexican Stock Exchange expects new equity issues in 2027: what is missing to attract capital. Representatives from BlackRock, Vanguard, the BMV and Bitso analyzed the challenges of liquidity, regulation and access to investment during the Bloomberg Línea Summit México 2026. November 10, 2026 | 11:55 AM Bloomberg Línea - The Mexican Stock Exchange (BMV) expects to complete simplified equity issues in 2027, one of the opportunities to boost the Mexican capital market, whose challenges of liquidity, regulation and access to investment marked the debate during the Bloomberg Línea Summit México 2026. The goal is part of the financial industry's efforts to broaden access to the capital market, attract new companies and overcome the obstacles of liquidity, regulation and investor participation. The panel brought together Sergio Méndez, of BlackRock México (BLK); Juan Hernández, of Vanguard; Jorge Alegría, of the BMV, and Felipe Vallejo, of Bitso México. "We are hoping so," Alegría responded when asked about the possibility of completing simplified equity issues in 2027, after the exchange completed its first debt operation under this mechanism. The challenge of attracting companies and investors. The non-bank financial firm Adventus Capital carried out the BMV's first simplified debt issue on October 7, for MXN$560 million (US$31 million). The operation was completed in five weeks, compared with the six months a traditional process would have required. The BMV has a confidential listing process underway for a company seeking to issue shares under the simplified scheme. This mechanism speeds up placements and is reserved for institutional and qualified investors. The difference between the two segments is significant. While the Mexican debt market had accumulated more than MXN$580,000 million in financing during 2026, new equity placements remained limited. Subscribe to the Línea de Mercado newsletter, a selection from Bloomberg Línea with the day's most notable stock market news. Alegría maintained that "we have to increase much more the liquidity of the shares that already exist," a condition he considers necessary to strengthen the confidence of Mexican investors. The growth of demand also depends on incentives to channel resources toward long-term instruments, according to Sergio Méndez, of BlackRock México, who proposed reviewing tax and regulatory aspects. Méndez highlighted securities lending as a tool that can help increase liquidity and improve the market's operating conditions. The fund industry offers another perspective on the evolution of financial savings. Juan Hernández, of Vanguard, highlighted that these vehicles manage MXN$5.3 trillion and hold approximately 20 million accounts. Fifteen years ago, exposure to equities and multi-asset funds represented barely 2% of the industry. Currently, the share of these instruments exceeds 25%, according to the figures presented by Hernández. The International Quotation System (SIC) has also expanded the available alternatives, with more than 4,000 securities, including nearly 2,000 exchange-traded funds (ETFs). However, access to international instruments contrasts with the need to strengthen trading in Mexican shares, particularly among investors who already participate in foreign companies. The BMV wants companies such as Bimbo (BIMBOA), FEMSA (FEMSAUBD), Televisa (TLEVICPO) and América Móvil (AMXB) to spark interest comparable to that generated by Tesla (TSLA), Amazon (AMZN) and other international companies. The keys to expanding investment. The expansion of digital platforms has made it easier to open brokerage accounts, but the growth of access has not necessarily translated into greater participation in shares. Felipe Vallejo, of Bitso México, explained that a survey among clients with assets on the platform found that only 10% had invested in the stock market, whether Mexican or international. For the company, the opportunity consists of facilitating the distribution of financial products and reducing the barriers that still separate digital users from the stock markets. "I think it just needs to be done well, very easily," Vallejo said, referring to the experience retail investors need. The availability of services outside banking hours is another factor. According to Bitso, a third of the volume of its Invierto investment service is recorded when traditional financial institutions are not open. The company considers that extended hours respond to the habits of people who review their investments after finishing their workday. The BMV also plans to extend its trading hours. Currently, certain derivative products already operate during extended sessions, while the technological infrastructure is being prepared for new modalities. However, the extension requires coordination among banks, intermediaries, settlement systems and authorities, in addition to the technological capacity of the platforms. The exchange is carrying out a modernization of its trading, custody and post-trading systems, with Nasdaq technology and changes to Indeval's infrastructure. The first stage is planned for 2027 and the last for 2028. The project also seeks to integrate information that is currently distributed among different platforms and market entities. The availability of data would make it possible to develop tools for analysts, investors and artificial intelligence systems, in addition to improving information and oversight processes. More technology, but financial advice is lacking. Technological access, however, represents only part of the challenge. Vanguard identified financial advice as one of the main areas pending development. Hernández estimated that Mexico has between 9,000 and 10,000 investment advisors for a population of nearly 130 million inhabitants, a small proportion compared with other markets. As a reference, he noted that Brazil went from approximately 5,000 to 30,000 advisors over the past six years, while the United States has about 300,000 professionals. Digitalization could reduce the cost of advice and facilitate access to services that traditionally require high net worth. Even so, Vanguard considers that automated tools do not completely replace the relationship with an advisor, especially when people must make relevant wealth decisions. Méndez, of BlackRock, insisted that financial education must accompany the expansion of platforms, particularly to avoid decisions motivated by short-term movements. "Investing is a process of generating long-term returns," he said during his remarks. Diversification also occupied a central place in the discussion. Vanguard highlighted that the allocation among stocks, bonds, currencies and other instruments explains a significant proportion of portfolio behavior. Hernández summarized the manager's investment principles as planning, diversification, cost control and discipline to maintain a strategy during episodes of volatility. What are the outlooks for 2027? The transformation of the Mexican market will also be conditioned by international trends, including artificial intelligence, geopolitical fragmentation and demographic changes. BlackRock identified opportunities related to technology infrastructure, data centers, semiconductors and financing needs to sustain the expansion of new productive capacities. Méndez considered that "the need for capital in the world to finance this economic change is another reality," referring to the magnitude of the investments required by large technology companies. The reorganization of supply chains and the consolidation of economic blocs are also part of the trends identified by the manager. In particular, BlackRock highlighted the opportunities associated with North America, although it acknowledged that political tensions can introduce uncertainty into investment decisions. Vanguard compared the expansion of artificial intelligence with historic infrastructure transformations, given the magnitude of capital spending allocated to data centers and technological capacity. Hernández raised a scenario of US growth close to 3%, driven by technology investment, although he warned about the importance of that spending translating into productivity. The discussion also addressed population aging and declining fertility rates, factors that could modify investment needs and economic outlooks. From Bitso, Vallejo highlighted the relationship between demographic changes and artificial intelligence, particularly for its possible effects on productivity. Stablecoins, tokenization and regulatory challenges. In the financial arena, the company distinguished between the development of stablecoins and prediction markets, two segments that are going through different regulatory stages. Stablecoins already have applications in international payments and remittances. In Mexico, Bitso highlighted their use for cross-border transfers, while in Argentina it identified demand linked to preserving value. "The world is already regulating this and is already using it," Vallejo said, referring to the international advance of stablecoins. Prediction markets, for their part, maintain regulatory questions, especially regarding their classification as financial instruments or betting mechanisms. Although Bitso identified possible applications for risk hedging, it considered it necessary to evaluate their operation and effects before promoting specific regulation in Mexico. Tokenization also appeared among the market's future alternatives, although both the BMV and Bitso agreed on prioritizing infrastructure, liquidity and digitalization. On regulatory matters, the exchange identified securities lending, repo operations and derivatives settlement as priorities for improving the market's functioning. Alegría maintained that these changes could have important effects on stock trading, even without the need for broader structural reforms. For Bitso, another opportunity consists of directing part of financial inclusion toward investment and financing products for companies, instead of concentrating it on consumer credit. The progress of these initiatives will depend on regulatory authorizations, technological adoption and investor response, while the BMV prepares its next stages of modernization and new placements for 2027.

Bitso Business grows 83%, surpassing US$150 billion in annualized payments. Staff November 4, 2026 3 minutes read * Annualized total payment volume rose from US150 billion in one year. * That works out to more than US$410 million processed through its infrastructure every day. * More than 2,000 institutional clients use its services to connect traditional finance with stablecoins. MEXICO CITY, Nov. 4, 2026 /PRNewswire/ - Bitso Business, Bitso's business services unit, has surpassed US$150 billion in annualized total payment volume (TPV), an 83% increase from US$82 billion a year ago. That equals more than US$410 million a day processed through its infrastructure, which lets businesses make and settle payments 24/7. The growth reflects rising demand for solutions that connect traditional financial systems with stablecoin-based payment infrastructure. "More and more companies see value in connecting traditional finance with stablecoins," said Imran Ahmad, Chief Operating Officer of Bitso and General Manager of Bitso Business. "Behind every payment is someone counting on that money. It could be a family waiting for a remittance or a farmer who just delivered their harvest. Our job is to make sure they get it on time, even at night or on weekends." Bitso Business serves more than 2,000 institutional clients in remittances, payments, neobanking, digital commerce and other financial services. Its infrastructure connects local currencies, national payment systems and stablecoin liquidity to move funds between markets. "Stablecoins are going from an emerging technology to a tool financial institutions use more and more. Mexico plays an especially important role in this shift because of the size of its financial flows and its ties to the United States," said Country Manager México & Chief Corporate Affairs Officer at Bitso. This is part of Bitso's Hybrid Finance (HyFi) vision: the convergence of traditional finance and blockchain-based infrastructure. It lets businesses benefit from the speed and availability of stablecoins while keeping their existing banking and commercial relationships. Bitso Business processes roughly 15% of the value of remittances sent from the United States to Mexico and works with companies such as Félix Pago, which lets users send money via WhatsApp. Western Union recently selected Bitso Business as a service provider for its USDPT stablecoin in Mexico. In 2027, Bitso Business plans to expand its connections with local financial systems across Latin America, under applicable regulations, and strengthen partnerships with traditional institutions adopting stablecoin payment infrastructure. About Bitso Bitso is Latin America's leading digital financial services group. It serves more than 10 million users and more than 2,000 institutional clients through regulated financial infrastructure designed for the digital economy. Through its ecosystem of specialized companies, including Nvío, Nvierte and Juno, Bitso gives consumers access to digital assets, stocks and investment products, and enables businesses and financial institutions to process local and cross-border payments at scale. Founded in 2014, Bitso operates in North, Central and South America, Asia and Europe. SOURCE Bitso 3 total views, 3 views today