VERT starts $130M in tokenized private credit on XRP Ledger, with $500M more planned, aiming to modernize Brazil's capital ...

Brazil’s VERT issued a $130M agribusiness debt on the XRP Ledger, marking a major move in on-chain credit systems.

The offering, with Ripple's contribution, aims to streamline Brazil’s structured credit market and attract foreign investors.

Still, XRP has struggled in February, falling 11% month-to-date, as investors await clarity on U.S. regulatory moves and Brazil’s progress in launching an XRP ETF.

Brazil's Securities and Exchange Commission (CVM) approved the country's first XRP spot exchange-traded fund (ETF) on February 18, making it the first of its kind globally. The ETF was introduced ...

Brazil has made history by launching the world's first exchange-traded fund (ETF) that tracks the spot price of XRP, Ripple's native cryptocurrency.The fund began trading on April 25 on Brazil's ...

Braza, a financial technology group, has disclosed that it will release a new stablecoin associated with Brazilian Real and run it on the XRP Ledger (XRPL). The digital asset is likely to be out ...

The first exchange-traded fund based on the popular cryptocurrency XRP is about to be launched in Brazil. Advertisement According to the Comissão de Valores Mobiliários (CVM), which is basically ...

The world’s first spot XRP exchange-traded fund (ETF) is set to soon debut in Brazil after being approved by the country’s securities regulator, the Comissão de Valores Mobiliários.

VERT has rolled out a blockchain-powered private credit platform on the XRP Ledger, debuting with a $130 million issuance.