Brazil's VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance

Brazil's VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance

VERT, a Brazilian securitization and fund manager, said on Wednesday it debuted a blockchain-based platform to handle private credit transactions on the XRP Ledger (XRP) and its Ethereum-compatible sidechain, bringing more tokenized real-world assets to the ecosystem.The platform’s first transaction was the issuance of a BRL 700 million, or $130 million, Agribusiness Receivables Certificate (CRA), a regulated instrument used to finance agricultu…

XRP Ledger at Core of VERT’s Strategy for $500M in Tokenized Private Credit Pipeline - Invest In Crypto News

XRP Ledger is powering a $130 million breakthrough in Brazil’s private credit markets, with over $500 million more queued as tokenized finance takes center stage. XRP Ledger Just Captured $130M CRA—And $500M More Is Locked and Loading Brazil’s shift toward real-time, transparent credit markets is accelerating with the launch of blockchain-backed private credit infrastructure built […] Source link The post XRP Ledger at Core of VERT’s Strategy fo…

XRP Ledger Powers $130M Credit Deal as Brazil Embraces Tokenization

Brazil’s financial industry has used the XRP Ledger to tokenize $130 million in private loans related to farm receivables. This milestone is part of VERT’s ambitious vision to overhaul Brazil’s structured credit industry using blockchain. The project uses the XRP Ledger and its Ethereum-compatible EVM sidechain to create and administer regulated credit instruments on-chain. The top Google-searchable phrase “XRP Ledger tokenization” takes center …

Brazil’s VERT Launches $130M Tokenized Credit on XRP Ledger

XRPL adoption surges as Brazil’s fintech sector embraces blockchain for real-world assets. VERT issues $130M CRA on XRPL, targeting Brazil’s booming agribusiness lending market. Blockchain-backed receivables challenge banks with faster, cheaper credit in rural Brazil. Brazilian fund manager VERT has issued a $130 million Agribusiness Receivables Certificate (CRA) on the XRP Ledger (XRPL), marking the first live transaction on its newly launched …

XRP Ledger at Core of VERT’s Strategy for $500M in Tokenized Private Credit Pipeline – Blockchain Bitcoin News

XRP Ledger is powering a $130 million breakthrough in Brazil’s private credit markets, with over $500 million more queued as tokenized finance takes center stage. XRP Ledger Just Captured $130M CRA—And $500M More Is Locked and Loading Brazil’s shift toward real-time, transparent credit markets is accelerating with the launch of blockchain-backed private credit infrastructure built […]