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Brazilian financial company VERT Capital will tokenize real-world assets worth $1 billion.
Odaily News VERT Capital, a Brazilian credit structure and securities finance company, plans to tokenize up to $1 billion of debt and receivables on the XDC network. As part of the transaction, the two companies will transfer financial instruments such as corporate debt, agricultural integrated enterprise receivables, and structured credit products on-chain over the next 30 months. (CoinDesk)