Brazil's tokenization movement is accelerating from concept to concrete implementation, with VERT Capital completing its second major credit transaction on the XRP Ledger just three months after launching its platform. The structured-credit manager is now handling over BRL 200 million ($40 million) in assets, with projections pointing toward BRL 1 billion as institutional participation grows.
This latest deal represents Brazil's first tokenized FIDC backed by public-pension receivables—a significant milestone that moves blockchain finance beyond experimental phases into regulated, institutional-grade territory. The platform uses both the XRPL and its EVM Sidechain to record lifecycle events and documentation directly on-chain, creating near-real-time auditability while maintaining full compliance with Brazilian securities regulations.
• Scale: $40M in current assets with a $1B growth trajectory
• Innovation: First tokenized FIDC using public-pension receivables as backing
• Infrastructure: Dual deployment across XRPL and EVM Sidechain for optimal functionality
The progress demonstrates how public blockchain infrastructure can operate within established regulatory frameworks, particularly through Brazil's SEC LEAP initiative. With plans to tokenize additional funds by year-end, VERT and partner BYX are building a replicable model for bringing traditional credit instruments on-chain without sacrificing compliance or transparency.
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Source: Bitcoin.com
Writer: Kevin Helms
Narrator: RippleTalk
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