BEE4 is the only CVM-regulated market focused on developing the access segment in Brazil. With the FÁCIL Regime, BEE4 also began operating with the custody of fixed income assets, in addition to trading shares, enabling capital markets access for Brazilian SMEs.
BEE4 offers a new financing alternative for SMEs that aim to accelerate their growth plans, enabling access to the capital markets and expanding
It is an opportunity to diversify portfolios with assets from innovative and growing companies, with high potential for appreciation, contributing to innovation and driving transformation.
The access market expands the capital markets by including SMEs, diversifying assets for investors, reducing entry barriers, and fostering new offerings, connections, and efficiency. It strengthens the ecosystem and contributes to a more dynamic and inclusive market.
BEE4 is one of the first regulated market infrastructure companies to use decentralized technology. This ensures greater security and agility throughout the entire process.
BEE4 utilizes an Ethereum Virtual Machine (EVM) Compatible Permissioned Blockchain. Through decentralized technology, only authorized participants can operate and validate records.
Furthermore, by reducing the number of intermediaries, we enhance the efficiency and security of our entire operation. To implement a model of excellence, BEE4 benchmarked its infrastructure against the SIX Swiss Exchange.
Contributing to the promotion of regulatory innovations
Patricia Stille and Rodrigo Fiszman, co-founders of BEE4, present to the CVM an initial study outlining potential innovations to develop a secondary market for SMEs in Brazil
Patricia Stille becomes a member of the CVM Innovation Lab, contributing to the first paper on the use of DLT in regulated markets, initiating the technical and regulatory studies that would underpin the BEE4 model
BEE4 is approved by the CVM, obtains a license to operate as an organized OTC market, and becomes the country’s first infrastructure focused on SMEs, proposing a regulatory and technical framework that would later help inspire the FÁCIL Regime (CVM 232) and its rules to enable capital markets issuances by smaller companies. The initiative combined regulatory and technological innovation, using blockchain in a regulated environment, and was selected among the top 3 projects out of 34 submitted.
Núclea becomes an investor in BEE4, validating the importance of the initiative. BEE4 accelerates the development of its infrastructure, building systems and a blockchain network to launch this new market in less than a year, beginning with the listing of its first company: Engravida.
Three more companies are listed on BEE4: Mais Mu, Plamev Pet and Eletron. The practical experience with these first issuers, combined with ongoing studies and interactions with market participants, leads BEE4 to enhance the proposed regulatory framework and request an increase in offering limits.
BEE4 has its systems integrated with the first brokerages, Itaú and Genial, which begin providing access to trading in this new market. After two years of interactions on technical matters with BNDES, the bank announces an agenda to anchor SME IPOs. The CVM opens a public consultation on the new regulation inspired by the BEE4 model.
BEE4 obtains definitive licenses from the CVM to operate as an Organized OTC Market and as a Central Depository, and launches the Rota FÁCIL program, which will subsidize the listing of the first 10 companies, reinforcing its active and ongoing leadership in the development of the access market.
The FÁCIL Regime enters into force, with BEE4 entering the fixed income segment. Conclusion of the Rota FÁCIL program, which selects 10 SMEs to be among the first companies listed that year.
Discover the awards and initiatives we have undertaken to strengthen and connect the access ecosystem.
A reality show for Brazilian SMEs, Rota FÁCIL distributes approximately R$5 million in prizes to 10 winning companies. The focus is to prepare small and medium-sized enterprises to access the capital markets within the scope of the new FÁCIL Regime of the CVM.
The BEE4 Summit 2025 brought together leaders from the financial market, entrepreneurs, and key figures in the economy, such as former Finance Minister Pedro Malan. The discussions addressed the development of the access market in Brazil for SME financing.
Winner of one of the most relevant awards in the market, the 20th Banking Transformation Award, BEE4 competed with the case of connecting the BEE4 market with Genial Investimentos, in the Digital Assets category, within the Financial Ecosystem pillar.
Patrícia Stille, CEO of BEE4, wins the Blocknews Award 2025: Fabiola Greve – Women in Blockchain. The award recognizes her leadership and impact on the development of the blockchain ecosystem in Brazil.
BEE4’s Purpose
Our values
EXCELLENCE
to operate
We deliver well-designed, consistent solutions focused on results. We strive to positively impact our clients, the environment, and society, honoring our credibility.
COOPERATION
to transform
We value the exchange of ideas to create new realities and solutions, always with empathy and humility. We are relentless, driven by strong purposes and major challenges, building genuine relationships that go beyond individual interests.
An initiative of Grupo Solum, with the support of Núclea, the largest banking infrastructure in the country.
The group behind BEE4, responsible for bringing together partners and investors and for presenting the project to the Securities and Exchange Commission of Brazil (CVM). Focused on emerging companies and alternative investments, the group includes the asset manager Solum Capital and the equity crowdfunding platform beegin, as well as financial education and content initiatives.
An evolution of the Interbank Payments Chamber (CIP), Núclea drives the digital economy for the benefit of society. Over the past three years, it has processed more than 90.4 billion transactions and moved R$ 50.7 trillion. In addition to Regulatory Services, its technology-focused portfolio includes Data & Insights, Anti-Fraud, Asset Registration, Payments and Receivables, and Financial Solutions.
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Além disso, a BEE4 passa a oferecer serviços essenciais de guarda, registro e liquidação de operações, utilizando a C3 Registradora, da Núclea
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Única plataforma regulada pela CVM além da B3, a BEE4 está preparando o terreno para 2026, quando um novo marco regulatório promete facilitar e baratear a listagem de empresas de médio porte.
A Bee4, plataforma que funciona como uma “bolsa” para ações de pequenas e médias empresas, obteve aval definitivo, junto à Comissão de Valores Mobiliários (CVM)...