• VERT tokenized a $130M agribusiness credit on XRP Ledger to improve traceability and cut settlement delays.
• The new platform records every credit event on-chain offering more visibility and control for all involved parties.
• VERT plans to expand its blockchain credit system to support $500M in upcoming structured finance operations.

Brazilian fund manager VERT has launched a blockchain-based platform on the XRP Ledger. The system aims to digitize the issuance and management of agribusiness credit.

The platform’s first transaction includes a tokenized BRL 700 million certificate. This equals approximately $130 million. The certificate, known as a CRA, covers expected payments from farming businesses.

CRAs Are Key to Brazil’s Agricultural Sector

CRAs are essential tools in Brazil’s financial system. They group expected receivables into tradable securities. These assets support agricultural production and exports.

Agribusiness contributes more than 20% to Brazil’s GDP. By moving CRAs on-chain, VERT aims to increase transparency and efficiency in the sector. Each transaction is traceable from creation to repayment.

Tokenization Reduces Risk and Boosts Transparency

Tokenized assets simplify credit operations. They reduce processing time and limit manual errors. The system records all data both on-chain and within Brazil’s financial infrastructure.

VERT built the platform with both internal and regulated backups. This ensures asset movement is visible, secure, and compliant. It also minimizes room for manipulation or delay.

XRPL Supports Fast and Compliant Credit Operations

The XRP Ledger powers the system. It offers fast settlements, low fees, and regulatory adaptability. It also connects to the EVM Sidechain to enable smart contracts.

These contracts automate various processes. They handle metadata, reporting, and execution steps. This reduces reliance on intermediaries and shortens settlement cycles.

Platform Aligns with Investor Demands and Regulatory Changes

Foreign investors have pushed for more transparent operations. Brazil’s evolving regulatory landscape supports tokenized credit structures. VERT’s platform addresses both needs. Meanwhile, Brazil recently ended crypto tax exemption and has started to apply a 17.5% flat tax on all digital asset gains including self-custody holdings.

The new platform reflects a shift toward real-time, auditable financial systems. It supports direct coordination between parties and limits operational friction.

Future Plans Include $500 Million in Additional Credit Operations

VERT plans to scale the platform to include more structured deals. It expects to handle over $500 million in future transactions. The firm also aims to add new asset classes.

Over 350 credit operations have already passed through VERT’s system. This foundation supports its plans to expand in Brazil’s growing digital finance sector.

XRPL Expands Role in Latin American Tokenization

XRPL continues to gain traction across Latin America. Platforms like Mercado Bitcoin have also adopted the ledger. Its cost-efficiency and speed make it a preferred choice. Brazil is emerging as a hub for tokenized finance. VERT’s platform marks a major step in bringing traditional assets into the blockchain era.