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      Brazil's CSD BR Mirrors BTG Pactual Fund Share Records onto XRP Ledger

      PANews, September 30 – According to a Ripple announcement, CSD BR, a Brazilian financial market infrastructure operator, has partnered with Ripple to begin mirroring the holding records of BTG Pactual investment fund shares onto the XRP Ledger for verification and auditing purposes. CSD BR's existing systems remain the official record for asset registration, custody, and settlement, and the relevant assets have not been migrated onto the chain in their entirety. CSD BR manages over 22 trillion reais (approximately $4 trillion) in registered assets, though this figure does not represent the scale of assets placed on-chain this time. The two parties will also evaluate directly issuing and trading assets on the XRPL going forward.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud