Brazil’s CSD BR Using XRP Ledger to Record Securities

CSD BR partners with Ripple to tokenize securities ownership on the XRP Ledger. This move could enhance market transparency and liquidity. CSD BR is making a historic move by partnering with Ripple to record securities ownership on the XRP Ledger. This initiative, which starts with BTG Pactual fund shares, represents a significant step in bringing Brazil’s regulated capital markets onchain. As reported by @Ripple, this could greatly enhance market liquidity and transparency within the region.