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09/30/2026

XRP Ledger Begins Hosting Fund Records from Brazil's $4 Trillion CSD BR

What happened: Brazil's CSD BR, which oversees over 22 trillion reais (~$4.

XRP Ledger Begins Hosting Fund Records from Brazil's $4 Trillion CSD BR

What happened: Brazil's CSD BR, which oversees over 22 trillion reais (~$4.2 trillion USD) in registered assets, has begun mirroring selected BTG Pactual investment fund records on the public XRP Ledger. This marks a transition from pilot to live regulated infrastructure. However, only select funds are being tokenized in this phase, with the official record still maintained on CSD BR's internal database. The XRPL acts as a complementary audit layer, with the ability to freeze or reverse transactions retained by CSD BR.

Why it matters: While headlines tout the $4 trillion figure, the actual on-chain activity is limited to a subset of assets. Nonetheless, this move signals growing institutional adoption of public blockchains for regulated financial infrastructure. The partnership between Ripple and CSD BR could pave the way for broader tokenization of real-world assets in Latin America's largest economy.

Source: CoinDesk