Reported 2 days ago
Brazilian securitization firm VERT has launched a blockchain-based private credit platform that utilizes the XRP Ledger for the issuance of a R$700 million (approx. $130 million) Agribusiness Receivables Certificate (CRA). This platform aims to modernize Brazil's $200 billion private credit market by providing real-time tracking and compliance features, enhancing transparency and operational efficiency in the agribusiness sector. Ripple's enterprise strategy continues to focus on tokenizing real-world assets using the XRP Ledger.
Source: YAHOO