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CryptoMediumUpdated•Originally published 30 September 2026•Updated 30 September 2026•
1 min read

Brazil Financial Operator Mirrors $4T in Fund Records on XRP Ledger

Key Facts

1A regulated operator in Brazil overseeing $4 trillion in assets has started mirroring ownership of selected investment funds on the XRP Ledger.
2The operator will maintain its existing database as the official record while using the XRPL as a mirrored ledger.

A regulated operator in Brazil overseeing $4 trillion in assets has started mirroring ownership of selected investment funds on the XRP Ledger. CoinDesk reported that the initiative utilizes the blockchain as a secondary record-keeping system to enhance transparency in fund ownership tracking.

The operator will maintain its existing database as the official record while using the XRPL as a mirrored ledger. This integration represents a significant institutional adoption of blockchain technology for real-world asset (RWA) management within a major regulated financial infrastructure.

Latest Updates · 1

  1. Notable·

    Update: The Brazilian financial operator has been identified as CSD BR, which is utilizing the XRP Ledger to mirror fund ownership records for BTG Pactual. This collaboration specifically targets the digital asset records of BTG Pactual, one of the region's largest financial institutions.