CSD BR partners with Ripple to integrate securities records on XRP Ledger

Brazil’s central securities depository, CSD BR, is partnering with Ripple to explore mirroring securities records on the XRP Ledger (XRPL). This initiative aims to integrate blockchain technology with traditional financial market infrastructure to support the administration and settlement of conventional assets, such as investment fund shares from BTG Pactual, without replacing existing legal frameworks.

In a separate development, Armada Acquisition Corp. II shareholders have approved a merger with Evernorth Holdings. The Ripple-supported entity plans to establish an XRP reserve exceeding 473 million tokens and intends to list on the Nasdaq under the ticker symbol XRPN.

Technically, the XRP Ledger is preparing for the BatchV1_1 upgrade, which allows for the bundling of up to eight transactions. The upgrade has received support from 30 of 35 verified validators, with October 9, 2026, cited as a potential earliest date for final activation.