BTG Pactual Records Investment Funds on XRP Ledger
Brazilian financial infrastructure operator CSD BR has begun recording ownership of investment funds managed by BTG Pactual on the XRP Ledger. The initiative aims to enable real-time verification for approved institutions while maintaining the existing CSD BR database as the official record. The project utilizes the XRP Ledger's Multi-Purpose Token standard to allow for regulatory compliance controls.
Summaries are written by AI from the original article. Not investment advice.