Latin America's leading cryptocurrency exchange Mercado Bitcoin is tokenizing $200 million in real-world assets (such as bonds and stocks) through the XRP Ledger. This initiative highlights the trend of traditional finance integrating with DeFi, while the entire industry is pushing for regulatory clarity in the U.S. regarding tokenized assets. Meanwhile, Ondo Finance has acquired Oasis Pro, and Centrifuge has announced the tokenization of the S&P 500 index. Experts warn that tokenized assets still exist in a legal gray area and often lack the key rights that investors should have.
#AssetTokenization #RWA #XRP #DeFi #MercadoBitcoin #Ripple #OndoFinance #Centrifuge
Source: https://ripple.com/ripple-press/mercado-bitcoin-expands-global-access-by-tokenizing-200m-in-regulated-financial-assets-on-the-xrp-ledger/