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.
(Source link)
Associated Tags
VERT Capital Tokenization
ChainCatcher reminds readers to approach blockchain rationally, enhance risk awareness, and be cautious of all types of virtual token issuance and speculation. All content on this site is for market information or represents the views of relevant parties only and does not constitute any form of investment advice. If you find any sensitive information on the site, you can click "Report" and we will handle it promptly.
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.
Lock now!
You may also like
Crypto prices
More
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now