VERT Capital has successfully completed its second tokenized credit issuance on the XRP Ledger (XRPL) and its EVM Sidechain, backed by public pension receivables. This operation, valued at over BRL 200 million (USD 40 million), signifies a significant advancement in compliant blockchain-based finance in Brazil, with plans to scale the fund to BRL 1 billion (USD 190 million) as institutional demand grows. This initiative builds upon VERT's earlier tokenized crypto fund, reinforcing Brazil's position as a leader in financial innovation.
XRP Ledger and EVM Sidechain Power Blockchain-Based Credit Automation
The platform utilizes the XRP Ledger and its EVM Sidechain to record all lifecycle events, documentation, and payments on-chain. This ensures near-real-time auditability and compliance with Brazilian securities regulations. A key innovation is VERT Sign, a blockchain-based formalization solution that employs verifiable digital signatures and wallet-based execution to automate receivables purchases. This automation significantly reduces manual intervention and operational risk, thereby enhancing efficiency.
Just three months after launching its first on-chain structured credit platform on the XRP Ledger (XRPL) and XRPL EVM Sidechain, VERT Capital has completed its second tokenized transaction in partnership with Ripple.
— Chad Steingraber (@ChadSteingraber) October 24, 2025
The new issuance expands the platform’s scope and brings a new… https://t.co/SJJHs3PpY0pic.twitter.com/h6RiSesZZ5
The partnership with fintech provider BYX offers the necessary analytical and technological infrastructure, with further tokenized fund issuances planned before the end of the year.
Future Prospects: Expanding Asset Classes and Market Impact
Gabriel Braga, Director of Digital Assets at VERT, highlighted the profound implications of this development, stating, "By bringing structured credit funds on-chain and automating key contractual processes, we are moving closer to a world where tokenized financial instruments are not just digital representations, but the assets themselves."
This groundbreaking approach effectively merges traditional credit origination with blockchain-based management. It paves the way for a more transparent, compliant, and efficient capital market. As the tokenization of assets continues to mature in Brazil, it is evident that this is transitioning from an experimental phase into a solidified and robust market reality.