Mercado Bitcoin will tokenize $200 million in assets on XRP Ledger to expand access to global financial markets.
XRP Ledger was chosen for its speed, low fees and strong record in processing institutional-grade financial transactions.
Tokenized assets will follow compliance rules and target investors in South America and Europe for broader access.
Mercado Bitcoin (MB), a leading Latin American crypto platform, will tokenize over $200 million in financial assets. The tokenization will take place on the XRP Ledger (XRPL). This move targets cross-border investment access and aims to link traditional finance with blockchain infrastructure. The plan includes regulated fixed-income and equity-income instruments.
https://twitter.com/Brett_Crypto_X/status/1941375317836431933 Ripple Partnership Powers Blockchain Expansion
Ripple confirmed the initiative in a press release dated July 4. The tokenized assets will be permissioned and compliant with regional regulations. Mercado Bitcoin’s goal is to expand beyond Brazil into South America and Europe. The company sees XRPL as a key tool to achieve this goal. Meanwhile, the crypto platform was granted the status of a licensed payment institution by the Central Bank of Brazil.
Mercado Bitcoin chose XRPL for its fast settlements and minimal transaction fees. The ledger also has a long operational history. It has processed over 3.3 billion transactions without any breaches. These features align well with the needs of institutions handling regulated financial products.
Bridge Between Traditional and Digital Finance
The platform wants to act as a bridge between local markets and global capital networks. By moving real-world assets on-chain, MB bypasses traditional financial barriers. This gives investors more access to financial instruments outside their own countries. The structure aims to unlock liquidity and improve investment reach.
More than 70 central banks and financial bodies interact with systems connected to Mercado Bitcoin. This reflects increasing institutional interest in blockchain-based finance. The XRPL's compliance features and stability have earned trust across financial sectors.
Tokenization Market Set for Strong Growth
Ripple and Boston Consulting Group project the tokenized asset market to reach $19 trillion by 2033. This reflects a potential 30x growth from today’s $0.6 trillion value. Mercado Bitcoin is positioning itself early to capture part of that expansion.
https://twitter.com/Ripple/status/1909229834535874833
Mercado Bitcoin has already tokenized over R$1 billion in private credit with no defaults. This performance puts the firm among the top five global tokenizers of real-world assets. The company’s success supports its confidence in taking on larger-scale tokenization.
Strategic Use of RLUSD and Treasury Flows
The firm has also listed Ripple’s RLUSD stablecoin on its platform. This helps support digital products and settlement flows between Brazil and Europe. That experience has paved the way for deeper XRPL integration and broader digital finance development.