This week’s most notable news in Latin America is that the Brazilian financial system moves closer to global trends in financial digitalisation, setting the stage for a more modern, agile, and secure infrastructure.
On the other hand, Mexico’s Grupo Murano announced that it would invest up to $10 billion in a time frame of 5 years to create a Bitcoin Treasury.
Brazil’s capital markets take a key step toward digitalisation
VERT has built a revolutionary blockchain platform for private credit on the XRP Ledger (XRPL), with the goal of improving securitisation operations’ efficiency and transparency.
This revolutionary technology automates critical procedures in structured credit, from issue to settlement, with real-time tracking and full traceability.
As a result, the Brazilian financial system is becoming more aligned with global financial digitisation trends, paving the way for a more contemporary, adaptable, and secure infrastructure.
The platform’s first milestone was the issuance of a 700-million-real Agribusiness Receivables Certificate (CRA), which is equivalent to around $130 million.
VERT’s solution, which leverages XRPL’s low costs and speedy settlement capabilities, as well as the XRPL EVM Sidechain for smart contract functionality, introduces new levels of transparency, cost-efficiency, and coordination.
The platform, which is backed by Ripple, conforms with Brazilian regulations and boosts investor confidence.
With over 350 structured credit transactions and $10.51 billion in assets under management, VERT solidifies its leading position by advancing blockchain innovation in regulated capital markets.
Grupo Murano bets big on Bitcoin with $10 billion treasury strategy
Mexican real estate firm Grupo Murano has announced that it will invest as much as $10 billion into Bitcoin over five years to build a Bitcoin treasury.
The firm, known for designing hotels, resorts, and shopping malls in Mexico, has joined the ranks of companies that have adopted Bitcoin as a core strategic reserve asset, a trend that is expected to spread globally.
Grupo Murano not only diversifies its portfolio by exposing up to 80% of its assets to Bitcoin, but it also embraces digital transformation across its whole order book.
The company is placing Bitcoin ATMs in its venues.
This bold move catapults Murano into the ranks of leading global companies such as Méliuz, Vanadi Coffee, and Trump Media that also have Bitcoin in their treasuries.
Ripio and Tapi’s partnership brings crypto payments to Argentina
Argentine crypto exchange Ripio has teamed up with payment FinTech Tapi to allow users to pay for more than 5,000 services directly through the Ripio app, including utilities, phone bills, internet, school fees and subscription services.
With this integration, users can now process these payments with cryptocurrencies, without the need to convert to Argentine pesos, representing a difference between crypto as an asset for investments to crypto as a medium of exchange.
Ripio operates in several Latin American countries, including Brazil, Mexico, and Colombia, and provides access to major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDT and USDC.
Supported by cross-chain QR codes and seamless conversion in real time, this new feature simplifies payments in compliance with local laws while reinforcing user trust.
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