Crypto
XRP Ledger enters Brazil capital markets, applied to $4 trillion securities market
Brazilian financial market infrastructure firm CSD BR is linking the XRP Ledger to regulated securities infrastructure. The integration will begin by using the XRP Ledger as an additional recordkeeping and audit layer for investment fund units, starting with units from BTG Pactual that are currently deposited at CSD BR. Ripple executives said it is the first public integration of the XRP Ledger into core financial market infrastructure of this scale and said CSD BR has more than 22 trillion Brazilian reais in registered assets.
