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PRIVATE DATA

Brazil is laying its data-market rails before writing the rules

BDX wants Brazilians to "list, price, and license" a dataset through an "Initial Data Offering." Illustration made with AI

BDX wants Brazilians to "list, price, and license" a dataset through an "Initial Data Offering." Illustration made with AI

Brazil now has an exchange for trading data and no law to police it. The Brazilian Data Exchange, or BDX, is launching as the country's first business-to-business marketplace in which companies license their databases at set prices and under defined terms, starting with clients in energy, retail, financial services, agribusiness, and logistics.

Its founder is Bruno Aracaty, chief revenue officer of DrumWave, a California-based startup led by Brazilians that has championed data monetization since 2015. DrumWave also supplied the…

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