On September 29, Brazil's Central Securities Depository, CSD BR, announced the first phase of a strategic partnership with Ripple. They will adopt the XRP Ledger as an additional verification layer for securities records, starting with the investment fund securities of Brazilian investment bank BTG Pactual.
This marks the first time a central securities depository has used a public blockchain to mirror securities holdings, with official records still maintained by CSD BR's system. The company...