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
Microsoft Capital Expenditure Falls Short! "Compute Landlords" See Collective Decline in After-Hours Stock Prices
Although Azure's cloud computing revenue increased by 48% year-on-year, Microsoft's capital expenditure fell short of market expectations. This has raised concerns that their cloud infrastructure partners, such as CRWV.US and Nebius(NBIS.US) data centers, may experience slower capacity delivery progress.
Petrobras achieves record-high output in Q3, refineries operate near full capacity
Crypto prices
More
