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Finance & Markets

Brazil's CSD BR to use the XRP Ledger for recording and auditing financial assets and securities

CSD BR, a financial market infrastructure authorized to operate as a registrar, central securities depository and settlement system, today announced the first phase of a strategic partnership with Ripple, the leading provider of blockchain solutions across traditional and digital finance.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at finextra.com →

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Hanwha Life Acquires Acuon Capital Stake

Hanwha Life is investing 440 billion won (about $326 million) to acquire the management rights of Acuon Capital. It will newly enter the specialized credit finance business while expanding the scope…

  • Hanwha Life acquires 50.54% stake in Acuon Capital for 440 billion won.
  • Investment expands Hanwha Life's non-banking financial offerings.
  • Acuon Savings Bank becomes Acuon Capital's sub-subsidiary post-acquisition.

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