Ripple Partners with CSD BR to Tokenize Brazilian Capital Markets

Ripple has announced a partnership with CSD BR to tokenize Brazilian capital markets on the XRP Ledger, beginning with BTG Pactual fund shares. Meanwhile, XRP faces technical resistance at the $1.50–$1.70 range. On-chain data from CryptoQuant indicates rising supply on Binance and increased leverage, suggesting that recent price gains may be driven by futures activity rather than spot accumulation, raising concerns about a potential bull trap.