This is the first time the $XRP P Ledger is publicly being integrated into core financial market infrastructure of this scale.
Brazil is the 10th largest economy in the world. CSD BR is one of two entities approved to operate by the Valores Mobiliários (CVM) Brazil’s core clearing, settlement and securities depository infrastructures, with more than BRL 22 trillion in registered assets.
The journey starts with BTG Pact
ual fund shares, with a path toward major parts of Brazil’s fixed-income market on to the XRPL.
CSD BR chose the XRPL because it was purpose built for financial use cases and can integrate with existing regulated infrastructure out of the box.
As & when this scales I believe it can be a larger growth opportunity for the XRPL than all other previous opportunities combined.
We’re excited to keep building alongside the exceptional CSD BR team. And today, XRPL is the only blockchain in the stack.
Brazil is the 10th largest economy in the world. CSD BR is one of two entities approved to operate by the Valores Mobiliários (CVM) Brazil’s core clearing, settlement and securities depository infrastructures, with more than BRL 22 trillion in registered assets.
The journey starts with BTG Pact
ual fund shares, with a path toward major parts of Brazil’s fixed-income market on to the XRPL.
CSD BR chose the XRPL because it was purpose built for financial use cases and can integrate with existing regulated infrastructure out of the box.
As & when this scales I believe it can be a larger growth opportunity for the XRPL than all other previous opportunities combined.
We’re excited to keep building alongside the exceptional CSD BR team. And today, XRPL is the only blockchain in the stack.