VERT Capital has successfully executed its second tokenized credit transaction on the XRP Ledger and its EVM Sidechain, marking a significant step in the institutional adoption of regulated digital assets in Brazil. This latest transaction involves the country's first tokenized FIDC, backed by public-pension receivables, with the fund managing assets exceeding BRL 200 million.
Ripple emphasized that this development reflects Brazil's transition from blockchain experimentation to institutional application, utilizing automation and compliance frameworks under the Brazilian SEC's LEAP initiative. This move underscores the growing integration of blockchain technology in Brazil's financial sector.
VERT Capital Advances Tokenized Credit on XRP Ledger in Brazil
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