News · RWA & Tokenization
The Brazilian central securities depository will track BTG Pactual fund shares on XRPL without altering existing regulatory records.
Key point 1 of 3
01
CSD BR will use the XRP Ledger to mirror BTG Pactual investment fund shares while maintaining official records on regulated internal systems.
Key point 2 of 3
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The deployment uses the XRPL Multi-Purpose Token standard and Ripple custody, restricted to KYC/AML-verified corporate and banking participants.
Key point 3 of 3
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Subsequent phases plan to support native issuance and trading for Brazilian fixed-income assets, including CRI and CRA credit certificates.
Context
Financial institutions have spent years testing asset tokenization in isolated sandboxes. CSD BR's deployment bridges this gap by linking an operational central depository…
Why it matters
Brazilian institutional clients gain near-real-time auditability of fund units without taking on regulatory settlement risks, providing a blueprint for regulated depositories…
What to watch
Validation milestones for the mirroring phase and the announcement of timeline targets for CRI and CRA token issuances.
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