TechFlow, July 24 — According to CoinDesk, Brazilian securitization firm VERT has launched a private credit platform on the XRP Ledger blockchain and completed its first issuance, successfully raising 700 million Brazilian reais (approximately USD 130 million) in agricultural receivables certificates (CRA).
The platform aims to modernize Brazil's USD 200 billion private credit market by leveraging blockchain technology to enhance transaction transparency and traceability, providing more reliable information for investors and regulators.




