XRP Ledger starts carrying fund records from Brazil operator overseeing $4 trillion
The regulated operator is mirroring ownership of selected investment funds on XRPL while keeping its existing database as the official record.
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Підсумок
- CSD BR is recording ownership of selected BTG Pactual investment funds on the public XRP Ledger, while its database remains the official record for registration, custody and settlement.
- The blockchain copy is intended to let approved institutions verify ownership changes in real time, reducing the slow and costly reconciliation process while preserving identity checks and regulatory controls.
- After testing the system with live fund records, CSD BR and Ripple plan to explore issuing and trading assets directly on the ledger, potentially including real-estate and agribusiness receivables.
