#OneBigBeautifulBill Mercado Bitcoin announced the tokenization of 200 million dollars in RWA on XRPL

Tokenized real-world assets (RWA) continue to gain relevance as more companies push for clear regulations for on-chain financial instruments.

Mercado Bitcoin, a major cryptocurrency exchange in the Latin America region, announced on Friday that it is tokenizing 200 million dollars in real-world assets (RWAs) on the XRP Ledger (XRPL).

Real-world assets include tokenized fixed income and equity financial instruments, according to an announcement from Ripple, the blockchain company that launched the XRPL.

A report published by Boston Consulting Group and the blockchain company predicted that the market for tokenized RWAs would increase to a market capitalization of 19 trillion dollars by 2033.

The agreement came amid a concerted effort by the crypto industry and asset managers to create regulatory clarity for tokenized stocks and other RWAs in the United States, as companies expand their tokenized offerings and integrate the trading of tokenized assets into existing platforms.