Brazil's CSD BR to record securities ownership on XRP Ledger with Ripple
- —CSD BR is the first licensed depository in Brazil to use a public blockchain for ownership records
- —The pilot begins with BTG Pactual fund shares
- —Ripple Custody will secure the transactions
- —The project aims to improve transparency and liquidity in Brazil's capital markets
Why it matters: A regulated-market tokenization case could boost institutional demand for XRP Ledger infrastructure.
Source: Coinfomania