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
Venezuela’s oil exports dropped to 1.08 million barrels per day in September
Venezuela's exports to the US increased to 629,000 barrels per day in September
