Ripple UDAX, Levery and FGV Unite to Build Institutional On-Chain Liquidity for Brazilian Banks Levery, an infrastructure provider that enables banks and financial institutions to launch digital asset exchanges using automated market maker (AMM) technology, has partnered with Ripple UDAX and Fundação Getulio Vargas (FGV) to expand institutional on-chain liquidity across Brazil and Latin America. The collaboration represents a major move toward building regulated, blockchain-powered financial infrastructure for traditional banks across the region. At its core is Ripple UDAX (University Digital Asset Xcelerator), an initiative born from Ripple’s partnership with the University of California, Berkeley under the University Blockchain Research Initiative (UBRI). This program connects academic research with practical blockchain deployment, fast-tracking institutional adoption of distributed ledger technology and expanding real-world use cases across the XRP Ledger (XRPL) ecosystem. Through the partnership, Levery supplies the core infrastructure that enables banks to run compliant, AMM-powered trading environments. This allows financial institutions to launch and manage digital asset exchanges with built-in regulatory alignment and full operational transparency. Designed for institutional use, the model prioritizes scalability, auditability, and seamless cross-border interoperability. Brazil Emerges as a Launchpad for Institutional On-Chain Liquidity in Latin America The system is built around deep liquidity provisioning on the XRP Ledger, enabling real-time settlement across Ripple USD, local stablecoins, and tokenized real-world assets. This setup reduces friction in wholesale markets while improving capital efficiency for banks and fintechs across Latin America. On the compliance side, the infrastructure integrates Chainalysis for real-time transaction monitoring, KYT screening, and AML enforcement, ensuring all activity meets evolving regulatory standards and supporting institutional-grade adoption in emerging digital asset markets. Brazil is increasingly positioning itself as a hub for digital asset innovation, and the rollout of an institutional-grade automated market maker built for regulated environments marks a clear step toward mainstream blockchain-based finance in the region. This development aligns with Ripple’s broader expansion strategy, including its planned application for a Virtual Asset Service Provider (VASP) license in Brazil, which would strengthen its presence across custody, payments infrastructure, stablecoin settlement, and treasury services through Ripple. The bottom line is that these moves reflect a deeper convergence between traditional finance and decentralized liquidity systems, with Brazil emerging as a key proving ground for institutional blockchain adoption across Latin America.
