The XRP Ledger supports a significant advancement in Brazil’s private credit sector, facilitating a 130 million USD Agribusiness Receivables Certificate. This initiative marks the beginning of a journey toward a total of 500 million USD in tokenized finance.
VERT launched a blockchain-based platform to improve transparency and efficiency in Brazil’s capital markets. Key features include real-time transaction tracing and Ethereum-compatible smart contracts to enhance reporting.
With plans for additional tokenization efforts, VERT aims to expand the platform while ensuring regulatory compliance in Brazil, potentially modernizing the capital market and attracting foreign investment.
Leave a Reply