XRP Ledger at Core of VERT’s Strategy for $500M in Tokenized Private Credit Pipeline

CN
2 days ago

Brazil’s shift toward real-time, transparent credit markets is accelerating with the launch of blockchain-backed private credit infrastructure built on the XRP Ledger. Securitization and fund management firm VERT introduced on July 23 a blockchain-based platform for managing private credit workflows. Developed on the XRP Ledger (XRPL), the system captures the full lifecycle of securitization and fund operations by recording essential transactions and events onchain. The new infrastructure aims to improve the speed, security, and transparency of Brazil’s capital markets by using tokenized digital records to represent real-world financial instruments.

The platform’s first issuance involved a BRL 700 million (approximately $130 million) Agribusiness Receivables Certificate (CRA), a key financial instrument used to fund Brazil’s agriculture sector. With this transaction, VERT not only tokenized cash flows tied to agricultural production but also established a precedent for near real-time transparency and traceability. Gabriel Braga, VERT’s Director of Digital Assets, stated:

We are enabling operation events to be recorded in the most granular way possible, ensuring traceability and transparency with event records increasingly closer to the moment they occur, approaching real time.

The solution also integrates the XRPL EVM Sidechain, adding Ethereum-compatible smart contract functionality for automation and granular reporting.

Ripple highlighted the broader economic impact. Silvio Pegado, Ripple’s Managing Director for LATAM, stated:

This milestone demonstrates how blockchain technology, through the XRP Ledger, can serve as reliable infrastructure for modernizing financial markets that are foundational to national growth.

With over $500 million in upcoming pipeline operations, VERT plans to extend the platform across asset classes while ensuring compliance with Brazil’s regulatory systems. Backers argue that tokenized structured credit could become a backbone for capital market modernization and attract foreign institutional participation.

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