Brazil's VERT Capital to Tokenize $1B in Real-World Assets on XDC Network

Description

VERT Capital, a Brazilian credit structuring and securitization firm, plans to tokenize up to $1 billion in debt and receivables on the XDC Network (XDC), expanding the scope of public blockchain use in structured finance, the firms told CoinDesk. As part of the deal, the firms will move financial instruments such as corporate debt, agribusiness receivables and structured credit products on-chain over the next 30 months. The migration shifts VERT’s existing securitization work, which includes cl...