s/cryptohayesASSET TOKENIZATION•15h
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CSD BR puts BTG Pactual fund ownership records on XRP Ledger
CSD BR is putting records for BTG Pactual investment-fund shares on the XRP Ledger, bringing a regulated piece of Brazil’s securities infrastructure onto a public blockchain. The move mirrors ownership data rather than replacing Brazil’s existing system.
Ripple Custody secures the records, while CSD BR remains the official registrar of who owns the shares. Later phases could include issuing and trading real estate and agribusiness receivables on the network. CSD BR manages more than BRL 22 trillion in registered assets.
Ripple Custody secures the records, while CSD BR remains the official registrar of who owns the shares. Later phases could include issuing and trading real estate and agribusiness receivables on the network. CSD BR manages more than BRL 22 trillion in registered assets.
Timeline3
1d
The partnership was reported as connecting Brazilian financial assets and real-world-asset activity to the XRP Ledger.
1d
Ripple announced that CSD BR would record securities ownership on the XRP Ledger, starting with BTG Pactual fund shares.
1d
The Block reported that later phases could include issuing and trading real estate and agribusiness receivables on the network.
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15h