CSD BR Mirrors BTG Pactual Fund Shares on XRP Ledger in Brazil

Key Facts

1CSD BR is mirroring selected BTG Pactual fund-share records on the XRP Ledger.

2The deployment utilizes XRPL's Multi-Purpose Token (MPT) standard for near real-time record verification.

CSD BR is mirroring selected BTG Pactual fund-share records on the XRP Ledger. Crypto Economy reported that the deployment utilizes the XRPL Multi-Purpose Token (MPT) standard to allow authorized institutions to verify records in near real-time.

The project aims to enable ownership verification while maintaining strict KYC, AML, and transfer controls within the Brazilian financial system. While the XRP Ledger serves as a technical mirror for transparency, existing systems remain the official source for all fund-share records.