VERT Capital, a Brazilian financial consulting firm, has taken another major step in advancing the country’s digital finance system. The company has upgraded its payment infrastructure by transforming public pension payments into digital tokens using Ripple’s secure XRP Ledger.
VERT recently completed its second on-chain issuance, bringing $40 million worth of tokenized assets to the blockchain, according to Ripple’s announcement on Friday. The firm expects this figure to reach around $190 million in the near future. This initiative strengthens Brazil’s blockchain ecosystem, combining strong investor protection with a more modern and efficient financial framework.
Through Ripple’s XRP Ledger and its EVM-compatible sidechain, VERT now records all essential events, documents, and transactions for these funds digitally. This provides real-time transparency while ensuring full compliance with Brazil’s financial regulations.
Ripple’s fast and secure cross-border payment network has already attracted several Brazilian companies, including Mercado Bitcoin and Unicâmbio.
Gabriel Braga, VERT’s Director of Digital Assets, noted that this integration of blockchain and finance has created a truly digital financial asset rather than a mere digital version of traditional ones. He emphasized that the blend of traceability, compliance, and programmability establishes the foundation for a more efficient and well-regulated capital market.
VERT is also collaborating with BYX to oversee and analyze pension-backed assets, with plans to develop additional tokenized funds using blockchain technology.
Looking ahead, VERT and Ripple are taking part in LEAP, a program by Brazil’s Securities and Exchange Commission (CVM) that studies how blockchain can enhance regulated markets. Their goal is to demonstrate how blockchain can simplify secondary securities trading, reduce oversight costs, and improve connections across financial systems.
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