Profile
Marcelo De Callis practices business and regulatory law, focusing on crypto assets, asset tokenization, capital markets and financial market infrastructure.
At PSNA, he works on authorization proceedings before SUSEP and the CVM, including the migration of insurers from the Regulatory Sandbox to the S3 segment and the authorization of investment crowdfunding platforms.
He was Legal Counsel at Mercado Bitcoin and head of legal at BEE4, where he worked on structuring financial products and engaging with the CVM and the Central Bank.
Practice areas
Selected experience
Authorizations, transactions and investments.
Regulatory authorizations and approvals 6
- 2026
LTI Seguros: from the Sandbox to the S3 segment
Prior authorization (Apr 2026) and final approval (Sep 2026) of the conversion into a fully regulated insurer.
SUSEPAnnouncement → - 2026
IBR Capital: authorization as a crowdfunding platform
Governance, operating structure and compliance of the platform under CVM Resolution 88.
- 2026
Split Risk Seguradora: from the Sandbox to the S3 segment
Final authorization (Nov 2025) and approval of the capital increase and migration (Apr 2026).
SUSEPAnnouncement → - 2026
Pin Seguradora: exit from the Sandbox to the S3 segment
Business model structuring, business plan and handling of the proceeding through the final decision.
SUSEPAnnouncement → - 2025
LTI Seguros and Loovi: qualifying holding
Investment readiness, structuring of the equity contribution and SUSEP approval (DIORE/SUSEP Ordinance 83/2025).
SUSEPAnnouncement →
M&A and venture capital 3
- 2026
Loovi: buyback of Pablo Marçal's stake
M&A and regulatory work following the insurer's authorization in the traditional segment.
- 2025
Hospital São Domingos: leveraged buyout from Dasa (R$ 1.2 billion)
Counsel to the buyers; closed in December 2025.
- 2025
FIP Inovabra I (Bradesco): divestment from Skyone
Exit of the fund in the Series C round led by Advent International.
Undisclosed matters appear without names.
News and press
In the press, events and insights.
- 22 Oct 2026
- 21 Oct 2026
- 20 Oct 2026
Publications
Articles, chapters and guides.
- 2021
- 2020
Manual de boas práticas em PLD/FT para exchanges brasileiras
ABcripto

