Ripple: CSD BR Records Securities on XRP Ledger
Ripple and CSD BR record Brazil securities on XRP Ledger with BTG Pactual shares via Ripple Custody. XRP trades at $1.5 amid neutral RSI.
SourceAnalysis
Ripple confirmed that licensed central securities depository CSD BR has begun recording securities ownership on the XRP Ledger, marking the first such instance on a public blockchain for Brazil's regulated markets.
The partnership tokenizes BTG Pactual fund shares secured by Ripple Custody, advancing onchain capital markets infrastructure.
With XRP price at $1.5 testing upper Bollinger resistance at $1.54 while RSI(14) sits neutral at 47.07 and MACD registers a bearish death cross, the setup points to a likely retracement toward EMA50 support at $1.5 before any sustained move, shaping near-term XRP price prediction amid expanding XRPL adoption.
Ripple
@RippleAs the official account of Ripple, the company focuses on transforming global payments through its enterprise blockchain solutions and digital asset XRP. It shares updates on institutional adoption, regulatory engagements, and technology developments in cross-border finance and central bank digital currencies (CBDCs).
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