XRP Ledger Powers $130M Agribusiness Debt Tokenization in Brazil

XRP Ledger has made another stride in real-world adoption as Brazilian asset manager VERT introduced a blockchain-driven solution to modernize agribusiness finance. By leveraging the XRP Ledger (XRPL), VERT has executed a move that could reshape Brazil’s agricultural financing infrastructure.

The first milestone of this initiative involves the digital issuance of a BRL 700 million (approximately $130 million USD) Agribusiness Receivables Certificate, commonly known as CRA. These instruments are key to Brazil’s farming finance landscape, packaging future cash flows such as crop payments and trade invoices into investment-grade assets.

Through this tokenization on XRPL, VERT aims to provide a more transparent and efficient issuance process, addressing existing bottlenecks in managing and allocating capital within Brazil’s agriculture sector — one that contributes over 20% to the country’s GDP. This strategic integration of blockchain ultimately enhances traceability, improves investor confidence, and reduces operational inefficiencies.

Gabriel Braga, who oversees digital assets at VERT, stated that the move is part of a broader mission to make tokenization a foundational part of Brazil’s capital markets. He emphasized that foreign investors are increasingly demanding more visibility into underlying operations, which blockchain technology specifically facilitates. By transitioning traditional assets to the blockchain, stakeholders benefit from real-time data, reduced risk, and automated settlement processes.

The launch is not a one-off experiment. VERT has announced its intention to expand the platform to include over $500 million worth of additional tokenized structured credit deals. Moreover, this solution will be adapted to incorporate various new asset classes, aligning with Brazil’s progressive regulatory stance toward blockchain infrastructure.

XRPL’s architecture has already demonstrated its adaptability and scalability in Latin America. With near-instantaneous settlement times and low transaction fees, XRPL remains a preferred choice among financial institutions in the region. This is evident in other significant partnerships, including Mercado Bitcoin’s integration with XRPL, which continues to broaden the corridor for tokenized assets.

Commenting on the growing influence of XRP Ledger in reengineering traditional finance, Ripple’s Managing Director for Latin America, Silvio Pegado, highlighted the chain’s vital role in evolving core financial systems that underpin national economies. He reinforced the idea that XRPL doesn’t just solve technical inefficiencies but propels broader financial modernization.

This development parallels a global trend toward asset tokenization, where traditional instruments like debt, equity, and real estate are replicated as blockchain tokens. Estimates predict that the value of tokenized markets could exceed $600 billion by the end of this year, reflecting rising institutional interest in blockchain as a tool for next-gen asset management and settlement.

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VERT’s bold move is significant not only for agribusiness financing in Brazil but also for demonstrating how scalable blockchain ecosystems like XRPL can unlock value in legacy financial markets. As regulations evolve and more institutions get on board, the XRP Ledger stands at the forefront of driving innovations that power both economic growth and investor empowerment.