VERT Launches $130M Tokenized Debt Instrument on XRP Ledger

• VERT has issued a $130 million tokenized agribusiness debt instrument on the XRP Ledger and launched a private credit platform.

• Using blockchain technology, the platform aims to improve transparency and efficiency in Brazil’s capital markets.

• This move comes as XRP Ledger sees a 2,260% surge in tokenized real-world assets and growing institutional demand.

Brazilian fund manager VERT has officially issued a $130 million Agribusiness Receivables Certificate (CRA) on the XRP Ledger. This marks the first live transaction on its newly launched tokenized private credit platform. The CRA is a regulated debt instrument commonly used to fund Brazil’s agricultural sector, contributing over 20% to the country’s GDP.

According to VERT, the platform is designed to mirror fund operations and securitization processes on-chain. The digital infrastructure enables real-time records of critical events, aiming to boost efficiency, transparency, and market accessibility across Brazil’s financial ecosystem.

XRPL Sees Rise in Tokenized Real-World Assets

This development comes as the XRP Ledger reports a 2,260% surge in tokenized real-world assets (RWAs), largely driven by growing institutional interest. VERT’s platform contributes to this trend by directly integrating structured private credit operations onto the blockchain.

The CRA issues on XRPL bundles future cash flows into investment products, such as loan repayments and trade receivables. These are popular instruments in Brazil’s capital markets, especially for financing agribusinesses. VERT plans to use its tokenized system to manage a pipeline of structured credit operations valued at over $500 million.

Brazilian exchange Mercado Bitcoin recently announced plans to tokenize up to $200 million in fixed-income and equity-income instruments on the XRP Ledger, highlighting a broader move toward asset digitization in the region.

Tokenization Expands via XRPL EVM Sidechain

VERT confirmed that its platform will integrate with the XRP Ledger’s Ethereum Virtual Machine (EVM) sidechain. This extension is expected to broaden platform functionality and reach, accommodating a wider range of tokenized financial products under Brazil’s evolving regulatory framework.

Gabriel Braga, Director of Digital Assets at VERT, emphasized that the platform enables detailed and traceable recording of operational events. The system brings records closer to real time, enhancing transparency for both local and international investors.

Braga described the launch as a step toward making tokenization a central element of modern capital markets. He noted that foreign investors can independently verify on-chain transactions through the issuer’s wallet address.