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Brazil's CSD BR begins recording BTG Pactual fund ownership on public XRP Ledger to speed verification.

Protocol Fundamentals
30 Sep 2026
Coindesk
View Source
Bullish
Brazil's CSD BR begins recording BTG Pactual fund ownership on public XRP Ledger to speed verification.

Brazil's financial operator CSD BR has started mirroring ownership records of selected BTG Pactual investment funds on the public XRP Ledger blockchain. This move aims to allow approved institutions to verify ownership changes in real time, reducing the costly and slow reconciliation process while maintaining regulatory controls and identity checks. Although CSD BR's existing database remains the official record, the blockchain copy offers transparency and quicker access to ownership data. The project is a step toward issuing and trading assets directly on the ledger, potentially expanding to real estate and agribusiness receivables in Brazil's fixed-income market.

The XRP Ledger's new role in carrying Brazil fund records is notable. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 30, 2026 11:21 WIB: out of 50 priced cryptocurrencies, 30 rose and 18 fell. Notable movers include SUSHI at Rp4.769 with a 6.91% increase and a typical hold time of 101 days, GRT at Rp514 down 5.61%, and SNX at Rp4.572 up 5.49%.

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