XRP News Today: VERT Launches $130M Tokenized CRA on XRP Ledger to Modernize Brazil's Agribusiness Credit Market

Brazilian asset manager VERT has launched a $130 million tokenized Agribusiness Receivables Certificate (CRA) on the XRP Ledger, marking the first large-scale tokenization of agribusiness credit assets in Brazil. The initiative, developed in collaboration with Ripple, leverages blockchain technology to digitize real-world assets, aiming to modernize financial infrastructure and enhance transparency in the agribusiness sector. By integrating the XRP Ledger’s mainnet with an EVM-compatible sidechain, the platform automates data updates and enables real-time tracking of asset events, reducing operational delays and costs associated with traditional banking systems [1].

The CRA, tied to cash flows from agricultural producers, converts receivables into investment-grade assets, addressing inefficiencies in Brazil’s credit markets. Gabriel Braga, VERT’s digital asset director, highlighted the platform’s ability to "record operation events in the most granular way possible, ensuring traceability and transparency with event records increasingly closer to the moment they occur, approaching real time" [2]. This real-time visibility allows investors to monitor the CRA’s lifecycle through tamper-proof records, fostering trust and operational efficiency.

The platform’s design also incorporates regulatory compliance, particularly for foreign investors, by leveraging XRP Ledger’s low-cost, high-speed transactions and the EVM sidechain’s smart contract capabilities. Ripple’s Silvio Pegado noted that the initiative "modernizes financial markets foundational to growth," emphasizing its potential to attract institutional capital to Brazil’s agribusiness sector [3]. The first issuance, valued at approximately BRL 700 million ($130 million), is part of VERT’s broader strategy to scale tokenized credit operations to $500 million, with plans to expand into structured credit products and diverse financial instruments [4].

This move aligns with growing interest in tokenized finance across Latin America, where blockchain solutions are being explored to address gaps in rural credit access. By reducing intermediation costs and operational friction, the platform targets small rural producers who often lack collateral or credit history in traditional systems. However, long-term success will depend on regulatory harmonization and market confidence in blockchain-based instruments, both of which remain evolving challenges in Brazil’s financial landscape [3].

The initiative’s use of XRP Ledger technology underscores blockchain’s potential to streamline structured credit markets globally. By digitizing a significant portion of Brazil’s private credit market, VERT and Ripple aim to demonstrate the scalability of decentralized systems in capital markets. The project’s real-time tracking capabilities and transparent record-keeping could serve as a model for digitizing credit infrastructure beyond agribusiness, reflecting a broader shift toward decentralized finance.

Sources:

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

[2] [title: XRP Ledger Tapped for Tokenizing $130M Agribusiness ...] [url: https://finance.yahoo.com/news/xrp-ledger-tapped-tokenizing-130m-050325690.html],

[3] [title: Brazil's VERT Debuts Tokenized Credit Platform on XRP ...] [url: https://www.coindesk.com/business/2025/07/23/brazil-s-vert-debuts-tokenized-credit-platform-on-xrp-ledger-with-usd130m-issuance],

[4] [title: Tokenized Private Credit Operations on XRP Ledger] [url: https://ripple.com/ripple-press/tokenized-private-credit-operations-on-xrpl/].