XRP News: Brazil’s VERT Launches $130M Tokenized Credit Platform
Brazil
Ripple
XRP
The integration allows for granular, real-time tracking of payments, loan terms, and cash flow events throughout the asset’s lifecycle.
Crypto Journalist
Amin Ayan
Crypto Journalist
Amin Ayan
About Author
Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...
Author Profile
Share
Copied
Last updated:
July 24, 2025
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Brazilian securitization firm VERT has rolled out a blockchain-powered private credit platform on the XRP Ledger, debuting with a R$700 million ($130 million) issuance of an Agribusiness Receivables Certificate (CRA).
Key Takeaways:
VERT launched a blockchain-based credit platform on the XRP Ledger with a $130M tokenized certificate.
The system enables real-time, on-chain tracking of loan events, cash flows, and payments.
VERT aims to bring transparency and traceability to Brazil’s $200B private credit market.
The CRA, a common financial instrument in Brazil’s agricultural sector, was recorded on-chain using the XRP Ledger and its Ethereum Virtual Machine (EVM)-compatible sidechain, according to a company announcement.
The integration allows for granular, real-time tracking of payments, loan terms, and cash flow events...
https://cryptonews.com/news/xrp-news-brazils-vert-launches-130m-tokenized-credit-platform-on-xrp-ledger/
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple