VERT Launches $130M Tokenized CRA on XRPL to Modernize Brazil’s Credit Market

Brazilian asset manager VERT has launched a $130 million tokenized Agribusiness Receivables Certificate (CRA) on the XRP Ledger (XRPL), marking the first live transaction on its blockchain-based private credit platform. The CRA, a regulated debt instrument linked to expected cash flows from agricultural producers, aims to enhance transparency and efficiency in Brazil’s rural credit sector, which traditionally relies on banks and centralized intermediaries. By leveraging blockchain technology, VERT’s platform transforms receivables and loan repayments from agribusinesses into investment-grade products, reducing issuance costs and accelerating capital access for small rural producers [1].

The platform’s design mirrors traditional securitization structures but with on-chain precision and tamper-proof timestamping of transactions. This enables real-time traceability, replacing manual processes with automated data updates. Investors gain visibility into issuer wallets and transaction records, a feature that challenges inefficiencies in Brazil’s traditional banking system, where delays and high operational costs often hinder credit access [1].

VERT’s initiative aligns with growing interest in real-world asset tokenization on XRPL. The platform supports foreign investor participation by offering a transparent view of transactions, while the XRP Ledger’s Ethereum-compatible sidechain is expected to expand its capabilities. VERT plans to scale the platform to support over $500 million in structured credit offerings, integrating smart contract functionalities to broaden the range of tokenized credit instruments [1].

This move highlights a broader trend in Latin American capital markets. Recent reports indicate that Brazilian exchange Mercado Bitcoin is also exploring tokenization, with plans to tokenize $200 million in fixed- and equity-income products on XRPL. VERT’s launch underscores blockchain’s potential to address gaps in formal banking systems, particularly in rural areas where access to credit remains limited for producers with minimal collateral or credit history [1].

Tokenized credit offerings are increasingly seen as a viable alternative for modernizing financial infrastructure. By reducing reliance on intermediaries, blockchain-based platforms like VERT’s could democratize access to capital, enabling small agribusinesses to participate in larger investment markets. The agribusiness sector, which contributes over 20% of Brazil’s GDP, stands to benefit from faster and more cost-effective funding solutions, potentially boosting economic growth in rural regions [1].

Source: [1] [VERT Launches $130M Tokenized CRA on XRPL to Modernize Brazil’s Credit Market] [https://cryptofrontnews.com/vert-launches-130m-tokenized-cra-on-xrpl-to-modernize-brazils-credit-market/]