XRP News Today: Brazil's VERT Launches $130M Tokenized Credit Platform on XRP Ledger

Generated by AI AgentCoin World
Thursday, Jul 24, 2025 4:08 am ET1min read
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Aime RobotAime Summary

- Brazilian firm VERT launched a $130M tokenized credit platform on XRP Ledger, issuing Agribusiness Receivables Certificates (CRA) via blockchain.

- The platform uses XRP Ledger’s energy-efficient consensus and EVM-compatible sidechain to enable real-time tracking of loan events and cash flows.

- Ripple and VERT highlight the initiative’s potential to modernize Brazil’s $200B private credit market by enhancing transparency for investors and regulators.

- EVM integration supports smart contracts while reducing costs, positioning XRP Ledger as scalable infrastructure for institutional-grade securitization projects.

Brazilian securitization firm VERT has launched a blockchain-powered credit platform on the

XRP
Ledger, marking the debut of a R$700 million ($130 million) Agribusiness Receivables Certificate (CRA) issuance. The platform leverages XRP Ledger’s cost-efficient consensus mechanism and an
Ethereum
Virtual Machine (EVM)-compatible sidechain to enable real-time tracking of loan events, cash flows, and payments throughout the asset’s lifecycle. This initiative aims to enhance transparency and traceability in Brazil’s $200 billion private credit market, blending blockchain technology with off-chain infrastructure to bridge traditional finance and decentralized networks [1].

The CRA, a common financial instrument in Brazil’s agricultural sector, was recorded on-chain using the XRP Ledger. Gabriel Braga, VERT’s Director of Digital Assets, emphasized the platform’s ability to “enable operation events to be recorded in the most granular way possible, ensuring traceability and transparency… approaching real time.” The system also provides compliant metadata for both investors and regulators, addressing growing demand for visibility into credit asset structures [1].

Ripple’s LATAM Managing Director, Silvio Pegado, highlighted the agricultural sector’s role in Brazil’s economy, calling the initiative a “meaningful step toward better credit management.” He noted that blockchain technology can serve as “reliable infrastructure for modernizing financial markets that are foundational to national growth” [1]. VERT’s platform aligns with foreign investors’ increasing interest in transparent credit asset management, potentially attracting broader participation in Brazil’s private credit market.

The project underscores XRP Ledger’s utility in high-value financial applications. By integrating EVM compatibility, the platform supports smart contract functionality while maintaining the XRP Ledger’s energy-efficient consensus. This approach reduces operational costs compared to traditional systems, making it attractive for large-scale securitization projects [1]. Ripple’s endorsement of the initiative further signals confidence in XRP Ledger’s capacity to support institutional-grade financial infrastructure.

The $130 million CRA issuance reflects VERT’s strategy to tokenize Brazil’s agricultural credit instruments, which contribute over 20% to the country’s economic output. Real-time tracking capabilities could mitigate risks associated with complex credit structures, fostering trust among stakeholders. Analysts may view this as a catalyst for broader adoption of blockchain in Brazil’s financial sector, though scalability and regulatory alignment will remain critical challenges.

Source: [1] [title: XRP News: Brazil’s VERT Launches $130M Tokenized Credit Platform on XRP Ledger] [url: https://cryptonews.com/news/xrp-news-brazils-vert-launches-130m-tokenized-credit-platform-on-xrp-ledger/]