XRP Ledger Moves Into Brazil’s Live Fund Infrastructure With CSD BR Rollout

By Isaac • September 30, 2026 7:29 am •

The XRP Ledger is moving into a part of finance where blockchain projects have spent years trying to gain real traction: regulated market infrastructure.

Brazilian financial-market operator CSD BR has begun the first phase of a partnership with Ripple that will mirror ownership records for selected investment-fund shares on the XRP Ledger. The rollout starts with shares in BTG Pactual funds, turning XRPL into a live secondary record and audit layer rather than another proof-of-concept presentation.

That distinction matters. According to Ripple, CSD BR’s own systems will remain the official source of record for registration, deposit and settlement.

XRPL will complement those systems by giving authorized participants another way to query records, compare their consistency and