Brazilian depository CSD BR integrates XRP Ledger for fund record verification

CSD BR, a major Brazilian financial infrastructure operator, has begun mirroring ownership records for BTG Pactual investment funds on the XRP Ledger. This initiative allows approved banks and companies to verify fund records in near-real-time, though CSD BR remains the official legal source for registration, custody, and settlement. The project utilizes the XRPL Multi-Purpose Token standard to enhance infrastructure efficiency.