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71 Greed

XRP Ledger integrates into Brazil's regulated securities market infrastructure

XRP Ledger integrates into Brazil's regulated securities market infrastructure Image: Bitcoin.com News
Image via Bitcoin.com News.

Brazilian regulated financial market infrastructure provider CSD BR is integrating the XRP Ledger into its securities system. The initial rollout covers investment fund shares from Brazilian banking giant BTG Pactual held at CSD BR. CSD BR holds more than BRL 22 trillion in registered assets and is authorized by the Central Bank of Brazil and the Brazilian Securities and Exchange Commission. The XRP Ledger is the only blockchain in the project's technology stack, with Ripple providing supporting infrastructure.

Key points

  1. Regulated Brazilian financial infrastructure operator CSD BR is integrating the XRP Ledger into its securities system.
  2. The initial phase uses the XRP Ledger for BTG Pactual investment fund share records.
  3. CSD BR holds over BRL 22 trillion in registered assets and is authorized by Brazilian financial regulators.
  4. The XRP Ledger is the only blockchain included in the project's technology stack.

Why it matters

The integration marks the first public use of the XRP Ledger in core national financial market infrastructure at this scale. It tests blockchain for improved transparency, traceability, automation and efficiency in a regulated existing market framework.

Price context · XRP

At publication
$1.50
Now
$1.49
Change since
−0.67%
7 days · dashed line = publication

Sources · 3 publishers

U.Today Tier 2 First report
XRP Ledger Tapped for Brazil's $4 Trillion Securities Market
Bitcoin.com News Tier 2
Ripple Brings XRP Ledger to Brazil’s BRL 22 Trillion Asset System
Crypto Briefing Tier 2
Brazil’s CSD BR partners with Ripple to mirror securities records on XRP Ledger

Coverage timeline

  1. First reported by U.Today
  2. Confirmed by Bitcoin.com News
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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