XDC Network Gains Major Boost as Brazil’s VERT Capital Plans $1B Real-World Asset Tokenization
VERT Capital, a leading Brazilian credit structuring firm, announced plans to tokenize up to $1 billion in debt and receivables on the XDC Network. This strategic MOVE represents a significant leap in public blockchain adoption for structured finance, with corporate debt, agribusiness receivables, and structured credit products transitioning on-chain within the next 30 months.
The initiative will digitize VERT's existing securitization operations, which include major clients like Cargill, Santander, and Raízen. Gabriel Braga, VERT's head of digital assets, highlighted the company's vision to convert traditional assets into globally liquid digital instruments, leveraging ready-to-issue structures and proven compliance frameworks.
The XDC Network, an Ethereum-compatible LAYER 1 blockchain with ISO 20022 messaging support, continues to establish itself as a premier platform for real-world asset tokenization. Its growing ecosystem—including partnerships with Circle, Deutsche Telekom MMS, and Securitize, along with integrations like MLETR and R3 Corda—demonstrates its strong positioning in cross-border financial solutions.