Ripple and Wormhole Partner to Boost Multichain Support on XRPL

  • Mercado Bitcoin will tokenize over $200M in permissioned real-world assets on XRPL to expand access across South America and Europe.

  • The XRP Ledger enables efficient tokenization with 3.3B transactions processed securely, meeting institutional standards for speed and compliance.

  • Ripple and BCG project RWA tokenization will grow from $0.6T in 2025 to $19T by 2033, driven by adoption and blockchain infrastructure.

Mercado Bitcoin, the top digital asset platform in Latin America, will tokenize over $200 million in real-world assets (RWAs) using the XRP Ledger. The move aims to enhance global access to regulated digital products and broaden liquidity.

Mercado Bitcoin Taps XRPL for International Expansion

Mercado Bitcoin (MB) plans to tokenize more than $200 million in permissioned RWAs, including fixed income and equity income instruments. This initiative stands as one of the largest tokenization projects by a Latin American institution on the XRP Ledger.

The strategy supports MB’s international expansion efforts, focusing on connecting markets across South America and Europe. The platform has already tokenized over R$ 1 billion in RWAs and currently holds a zero-default rate on these assets.

"Across Latin America, we’re seeing forward-looking institutions explore how tokenization can improve access and efficiency in financial markets,” said Silvio Pegado, Managing Director, LATAM at Ripple. He added that “Mercado Bitcoin’s integration with the XRPL shows how public blockchain infrastructure is being trusted by institutions.”

MB operates within an ecosystem connected to more than 70 central banks, regulators, and leading financial institutions. Through this project, MB aims to increase access to regulated digital financial products on a global scale.

XRP Ledger Powers Secure, Scalable Asset Tokenization

The XRP Ledger (XRPL) is a public blockchain designed for financial applications, offering near-instant settlement, low transaction fees, and institutional-grade security. Since 2012, XRPL has completed more than 3.3 billion transactions without failure or breach. It supports over six million active wallets and is run by a decentralized network of more than 200 validators.

Ripple, a key developer behind XRPL, is supporting MB’s integration with the network. The company has also worked with MB to streamline cross-border treasury flows using Ripple Payments, particularly between Brazil and Portugal.

MB was the first platform in Brazil to list RLUSD, a USD-backed stablecoin built for enterprise-grade use. This partnership enabled the company to offer faster and more secure international payment services to its users.

“With the kind of infrastructure the XRPL offers, it’s now possible to bring these assets onchain in a way that meets institutional expectations for cost, speed, and compliance,” Pegado noted.

Real-World Asset Tokenization Sees Long-Term Growth Trajectory

According to a 2025 report by Ripple and Boston Consulting Group, the tokenization market for real-world assets is forecast to expand from $0.6 trillion in 2025 to nearly $19 trillion by 2033. This rapid growth is expected to be driven by stronger institutional adoption and maturing digital infrastructure.

MB’s track record in RWA tokenization positions it to play a central role in that expansion. As one of the world’s leading platforms for tokenized private credit, MB continues to show how regulated assets can be brought onchain securely and efficiently.

This strategic move also reflects a growing trend where established financial institutions rely on blockchain infrastructure like XRPL to deliver regulated financial products with global reach.

The post Mercado Bitcoin to Tokenize $200M RWAs Using XRP Ledger for Global Reach appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.