Brazil is taking another step toward bringing traditional financial infrastructure onchain. CSD BR has partnered with Ripple to mirror ownership records of selected BTG Pactual investment fund shares on the XRP Ledger. The interesting part is that this isn’t simply about putting securities on a blockchain and replacing the existing system. CSD BR will continue to maintain the official records for registration, custody and settlement, while XRPL acts as an additional layer for transparent verification and auditing. The first phase uses XRPL’s Multi-Purpose Token standard, with access limited to authorized participants under KYC and AML requirements. If the model proves successful, the partnership plans to explore broader blockchain-based issuance and trading of regulated assets. For me, the bigger story here is the infrastructure: blockchain is moving from experiments and pilots into real regulated financial-market workflows. #OneGateWitnessProgram $XRP ‌

$XRP IS TRYING TO BUILD A BIGGER LONG-TERM RECOVERY XRP is holding around the $1.50 area, with the first key resistance near $1.70. If price can reclaim that level and hold above it, the next major zone on the chart sits around $2.63. Above that, the structure starts opening toward the $3.50-$3.70 area, with the larger trendline becoming the next major test. For me, $1.70 is the level that needs to flip first.