XRP News Today: VRTX Launches Blockchain Agribusiness Credit Platform on XRP Ledger for $130M

Generated by AI AgentCoin World
Wednesday, Jul 23, 2025 11:03 am ET1min read
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Aime RobotAime Summary

- VERT launched a blockchain platform on XRP Ledger and EVM sidechain to tokenize BRL 700 million (~USD 130 million) in Brazilian agribusiness credit via regulated CRAs.

- The platform aims to modernize Brazil’s $58 billion structured credit market using blockchain’s real-time traceability, smart contracts, and 24/7 fractional ownership trading.

- Partnering with Ripple, the system combines on-chain efficiency with off-chain compliance, positioning Brazil’s agribusiness sector as a global blockchain finance benchmark.

- VERT plans to expand to USD 500 million+ in assets, aligning with projections of $19 trillion in tokenized assets by 2033 and challenging traditional financial infrastructure.

VERT, a Brazilian securitization and fund management firm, has launched a blockchain-based platform to tokenize agribusiness credit on the

XRP
Ledger (XRPL) and its
Ethereum
Virtual Machine (EVM) Sidechain. The platform debuted with a BRL 700 million (~USD 130 million) issuance of Agribusiness Receivables Certificates (CRAs), a regulated financial instrument that bundles cash flows from Brazil’s agribusiness sector, which contributed 20.4% to the nation’s GDP in 2023. This initiative aims to enhance transparency, reduce costs, and modernize Brazil’s $58 billion structured credit market by leveraging blockchain’s real-time traceability and smart contract automation [1].

The platform integrates XRPL with an EVM Sidechain, launched on June 30, 2025, enabling cross-chain compatibility and streamlined operations. A 2023

S&P Global
report cited in the release noted that blockchain could cut execution times in structured finance by up to 30%. By tokenizing CRAs, VERT offers stakeholders instant visibility into asset lifecycles while maintaining compliance with Brazilian regulations. The system also incorporates off-chain redundancy and regulated infrastructure to ensure robustness [1].

The collaboration with

Ripple
, a key contributor to XRPL, positions VERT’s platform as a potential global benchmark for blockchain adoption in finance. Ripple’s Silvio Pegado described the launch as a milestone for leveraging blockchain to advance Brazil’s economy, while VERT’s Gabriel Braga highlighted tokenization’s role in meeting foreign investors’ demands for transparency [1]. The platform’s design supports 24/7 trading and fractional ownership, challenging traditional financial systems with its efficiency and scalability.

VERT plans to expand the platform to a pipeline exceeding USD 500 million, targeting new asset classes as regulatory frameworks evolve. The move aligns with broader projections for tokenized assets, which a Ripple-BCG report estimated could reach $6 trillion in 2025 and $19 trillion by 2033 [1]. By addressing inefficiencies in traditional structured finance and setting a precedent for blockchain integration, VERT’s initiative could catalyze broader adoption across Brazil’s capital markets and beyond.

Source: [1] [title: VERT Launches Blockchain Platform on XRP Ledger for $130M Agribusiness Credit] [url: https://coinmarketcap.com/community/articles/6880f5679fbe144b558172fe/]