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Brazil's CSD BR partners with Ripple to tokenize BRL 22 trillion assets on XRP Ledger for transparency and efficiency

Protocol Fundamentals
29 Sep 2026
Bitcoin
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Bullish
Brazil's CSD BR partners with Ripple to tokenize BRL 22 trillion assets on XRP Ledger for transparency and efficiency

Brazil's central securities depository, CSD BR, has partnered with Ripple to integrate the XRP Ledger blockchain into its financial infrastructure, tokenizing investment fund shares worth over BRL 22 trillion. This initiative aims to enhance transparency, traceability, and automation within Brazil's regulated market framework by mirroring securities ownership records on a public blockchain while maintaining official records off-chain. The project starts with BTG Pactual fund shares and could expand to native issuance and trading of other securities like real estate and agribusiness receivables. This move represents a significant step in adopting blockchain technology in Brazil's financial markets, potentially improving efficiency and regulatory compliance.

Ripple's integration of the XRP Ledger into Brazil's BRL 22 trillion asset system is notable context for digital asset developments. For readers following cryptocurrency markets, here is Pluang's snapshot as of Sep 30, 2026 09:02 WIB: out of 50 major cryptocurrencies, 39 rose and 10 fell today. Key movers include Compound (COMP) with a 1-day change of +11.41% and a price of Rp466.651, Balancer (BAL) up +11.14% at Rp16.297, and Kusama (KSM) down -9.90% at Rp89.363 with 94% sell order activity.

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