Brazil’s Big Blockchain Move: VERT Transforms Finance with Ripple’s Technology

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Oh, Brazil! The land of samba, soccer, and now… serious blockchain innovation? Yes, you heard it right. VERT Capital, a financial consulting firm with a vision as grand as Rio’s carnival, has decided to elevate the digital finance game. How, you ask? By turning public pension payments into digital tokens on the XRP Ledger’s secure platform. Because, apparently, the future of finance involves a bit of sparkle and a lot of digital tokens.

VERT Brings $40M Tokenized Assets

Hold on tight-Ripple just dropped the news that VERT has completed its second on-chain issuance and brought a cool $40 million worth of tokenized assets onto the blockchain. And it’s not stopping there. Brace yourself for a whopping $190 million in tokenized goodness. Brazil is setting the pace with blockchain utility that’s as smooth as the beaches of Copacabana, complete with rules to protect investors, of course. If finance had a glow-up, this would be it.

How does it work? Well, using Ripple’s XRP blockchain and EVM sidechain, VERT digitally records all key events, documents, and transactions. Translation: it’s like keeping track of all the action at a carnival, but in real-time and fully compliant with Brazil’s strict financial regulations. Transparency and security? Check and check. It’s not just a digital revolution; it’s the future, and it’s regulated.

But wait, there’s more! Ripple’s quick cross-border payments system is the new kid on the block, and Brazilian firms like Mercado Bitcin and Unicâmbio are already taking a serious look. You can almost hear them saying, “Is this the future? Maybe. Let’s see!”

Gabriel Braga, VERT’s Director of Digital Assets, couldn’t help but gloat a little. According to him, the merger between blockchain and finance is no longer just about copying old assets. Nope, it’s all about full-on digital transformation. “This combination of traceability, compliance, and programmability is laying the groundwork for a much more efficient, well-supervised capital market,” he says. Sure, Gabriel. You keep dreaming big.

But what about the pension-backed assets? No worries. VERT’s partnership with BYX is handling that part, and together, they plan to launch even more tokenized funds. The future looks like one big digital fiesta!

Looking Ahead

And just when you think Brazil couldn’t get any cooler, VERT and Ripple are diving into LEAP, a program by Brazil’s Securities and Exchange Commission (CVM). The mission? To explore how blockchain can spice up regulated markets. The goal is simple: show how blockchain can make trading securities smoother, cut supervision costs, and connect financial systems like never before. Who needs a magic wand when you have blockchain?

Silvio Pegado, Ripple’s Managing Director for Latin America, pointed out that Brazil is giving the world a masterclass on how to make an on-chain financial system work in the real world. “By combining compliance-ready infrastructure with real-world use cases like VERT’s tokenized credit platform, the region is setting a global example for how on-chain finance can work in practice,” he said. Yeah, Silvio. If only everyone could be as cool as Brazil right now.

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2025-10-25 16:27