Ripple Expands Tokenization Efforts in Brazil

Ripple is strengthening its presence in Brazil, which now accounts for approximately $2.7 billion of the $6.7 billion in tokenized real-world assets on the XRP Ledger. On September 29, Ripple and CSD BR announced a partnership to mirror BTG Pactual investment fund share ownership records on the XRPL. While CSD BR remains the official system of record, the initiative highlights Ripple's growing integration into Brazil's financial infrastructure, including payments, custody, and stablecoin distribution.