VERT Launches $130M Agricultural Credit Certificate on XRP Ledger for Real-Time Financial Tracking

On July 24, VERT, a prominent Brazilian securitization firm, unveiled a cutting-edge blockchain-based private credit platform utilizing the XRP Ledger (XRPL). The company successfully issued its inaugural Agricultural Credit Certificate (CRA) valued at 700 million Brazilian reals, equivalent to roughly $130 million. CRAs serve as critical financial instruments within Brazil’s agricultural sector, facilitating the securitization of future cash flows. By leveraging the XRPL and its Ethereum-compatible EVM sidechain, VERT enhances transparency and operational efficiency, enabling real-time monitoring of cash flows, loan disbursements, and repayment schedules. This integration marks a significant advancement in the digitization of agricultural finance, promoting improved liquidity and risk management for stakeholders.