Brazilian financial firm VERT Capital to tokenize $1 billion worth of real-world assets
According to ChainCatcher, Brazilian credit structuring and securities finance company VERT Capital plans to tokenize up to $1 billion in debt and accounts receivable on the XDC network. As part of the transaction, the two companies will transfer financial instruments such as corporate debt, agribusiness accounts receivable, and structured credit products on-chain over the next 30 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: PUFFER will unlock tokens worth approximately $1.56 million in one week
Block Q3 net revenue reaches $6.11 billion, with bitcoin revenue at $1.97 billion
Musk: Tesla AI5 chip is three times more efficient than NVIDIA Blackwell, with only 10% of the cost
