XRP News Today: Brazilian VERT Launches $130M Tokenized Agribusiness Debt on XRP Ledger

Brazilian fund manager VERT has launched a blockchain-based credit platform, marking a $130 million issuance of tokenized agribusiness debt on the XRP Ledger. This initiative, facilitated by Ripple’s technology, integrates real-time tracking, smart contracts, and compliance features to streamline credit operations in Brazil’s agricultural sector, which contributes over 20% of the country’s GDP. The platform logs every credit event—creation, settlement, and repayment—directly on-chain, ensuring immutable and transparent records [1]. VERT’s first transaction, valued at BRL 700 million (approximately $130 million), involves Agribusiness Receivables Certificates that finance future payments from farming operations. The system leverages XRP Ledger’s speed and low fees while utilizing an Ethereum-compatible EVM sidechain for automation and reporting [2].

The platform’s architecture combines on-chain and off-chain components, with internal and regulatory systems in Brazil ensuring asset flow remains secure and compliant. VERT’s digital assets director emphasized the shift toward real-time recording of events, reducing errors and manipulation risks. This approach aligns with global investor demand for transparency and efficiency in structured credit markets [3]. Ripple’s regional head highlighted the potential for modernizing financial tracking, positioning Brazil as a leader in tokenized credit innovation. With over 350 structured operations already executed, VERT aims to scale to a $500 million pipeline of future deals [4].

The technical implementation reflects a hybrid strategy: XRP Ledger’s scalability complements the EVM sidechain’s developer tools, enabling interoperability with broader blockchain ecosystems. This balance could attract both traditional and crypto-native investors by offering liquidity, fractional ownership, and reduced settlement times. Tokenization also simplifies access to Brazil’s agribusiness sector, potentially broadening the investor base beyond institutional players [5]. However, challenges such as regulatory uncertainty and infrastructure requirements remain critical to the platform’s long-term success.

Brazil’s move underscores its ambition to become a hub for real-world asset (RWA) tokenization, a trend gaining global traction as institutions seek to bridge physical and digital markets. The $130 million issuance demonstrates confidence in blockchain’s ability to address credit market inefficiencies, including high transaction costs and opacity. By leveraging decentralized systems, Brazil joins a growing list of nations exploring blockchain to modernize traditional industries. The project’s outcomes could influence similar initiatives in emerging markets, where agribusiness and finance are deeply interconnected [1].

Sources:

[1] Blockonomi, "Brazil’s VERT Rolls Out $130M Blockchain Debt on XRP Ledger," https://blockonomi.com/brazils-vert-rolls-out-130m-blockchain-debt-on-xrp-ledger/

[2] Yahoo Finance, "Brazil’s VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance," https://uk.finance.yahoo.com/quote/VULPEFI-USD/news/

[3] Coindesk, "XRP Ledger Tapped for Tokenizing $130M Agribusiness Credit as Brazil’s RWA Push Accelerates," https://wwww.coindesk.com/

[4] Coindesk, "The Future of Digital Asset Infrastructure in Latin America," https://wwww.coindesk.com/

[5] Coindesk, "Brazil’s VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance," https://wwww.coindesk.com/