Brazilian fund management company VERT issues $130 million debt certificates, first using XRP Ledger.

Brazilian fund management company VERT successfully issued agricultural debt certificates (CRA) worth $130 million through its tokenized private credit platform on the XRP Ledger. This issuance marks a further expansion of the XRP Ledger in the field of tokenization of real-world assets (RWA), playing a significant role especially in financing in the agricultural sector.

VERT successfully issued $130 million agricultural debt certificates on the XRP Ledger

Brazilian fund management company VERT announced that its tokenized private credit platform has successfully completed its first actual transaction, issuing agricultural debt certificates (CRA) worth $130 million. This transaction is part of its tokenization platform launched on the XRP Ledger, designed specifically for managing private credit operations.

Tokenization of RWA on the XRP Ledger Soars

This issuance coincides with the significant growth of the XRP Ledger in the field of tokenization of real-world assets (RWA), with institutional demand driving a 2,260% increase in tokenized assets on the XRP Ledger. VERT states that the purpose of establishing this platform is to digitally replicate securitization and capital operations, and to record key events and transactions on-chain.

Objective: Improve the transparency and efficiency of the Brazilian capital market

VERT further stated that the platform's goal is to improve the efficiency, transparency, and accessibility of the Brazilian capital market by establishing a secure digital infrastructure. CRA is a regulated debt instrument that packages the future cash flows of agricultural enterprises (such as loan repayments or trade receivables) into investment products, and these types of assets are widely used for agricultural financing in Brazil.

Mercado Bitcoin plans to tokenize $200 million of real assets on the XRP Ledger

It is worth noting that the debt certificates issued by VERT coincide with the announcement by the Brazilian exchange Mercado Bitcoin to tokenize up to $200 million of real assets on the XRP Ledger. These assets will include fixed income and equity income instruments.

Expansion Plan: Tokenization of Over $500 Million in Debt Instruments

VERT also announced plans to expand its tokenization platform to more structured credit operations, totaling over $500 million. This system will support new asset classes and adapt to Brazil's evolving regulatory and market environment.

Integrate XRP Ledger EVM sidechain to expand operational scope

In addition, the tokenization private credit platform will also integrate with the XRP Ledger EVM sidechain, further expanding its operational scope and enhancing the platform's influence.

Promote transparency and real-time recording

Gabriel Braga, the Director of VERT Digital Asset Division, stated: "We are enabling operational events to be recorded in the most meticulous way, ensuring the transparency and traceability of each event, with records gradually approaching real-time." He also added that this initiative is a step towards promoting tokenization as a structural pillar of modern capital markets. The tokenization of private credit operations through the XRP Ledger specifically addresses foreign investors' demand for transparency, allowing investors to verify through the issuer's wallet address (rsj2H…..cMYXi).

Conclusion:

As the application of XRP Ledger in the tokenization of real assets and transparency gradually expands, the innovation of this platform not only drives the digital transformation of the agricultural financing market in Brazil but also further enhances the status of XRP Ledger in the global capital markets. In the future, with the participation of more institutions and platforms, XRP Ledger will build a more solid bridge between crypto assets and traditional capital markets.