VERT Tokenizes Mottu and Banco Pine Debentures on XDC Network
Summary
Brazil is emerging as a leader in Real World Asset (RWA) tokenization, utilizing the XDC Network for institutional-grade execution. VERT Capital announced the successful tokenization of debentures from Mottu (urban mobility) and Banco Pine (corporate credit) on the XDC Network. These initial issuances total approximately USD 375 million, with a roadmap targeting USD 1 billion in assets by the end of 2026.
The choice of the public XDC Network over private Distributed Ledger Technology (DLT) is strategic, offering neutral infrastructure, public accessibility for trust, and regulatory alignment through smart-contract permissioning. Diego Consimo of XDC Network emphasized that this approach connects local markets to global liquidity without replacing existing systems. Gabriel Braga of VERT Capital likened this proactive adoption to learning to "surf" the wave of tokenization, contrasting it with defensive measures taken by traditional institutions.
(Source:BeInCrypto)