Mercado Bitcoin will tokenize $200 million in fixed-income and equity assets on the XRP Ledger.
Ripple and BCG project the tokenized RWA market could reach $19 trillion by 2033, excluding stablecoins.
Regulatory uncertainty persists as firms like Ondo, Centrifuge, and BlackRock expand tokenized asset initiatives.
Mercado Bitcoin, a leading cryptocurrency exchange in Latin America, announced the tokenization of $200 million worth of real-world assets (RWAs) on the XRP Ledger (XRPL). The development, disclosed on Friday, marks a significant move in blockchain-based financial infrastructure. These tokenized instruments include both fixed-income and equity-based financial products.
Ripple Supports New RWA Tokenization on XRPL
Ripple, the blockchain company, behind the XRP ledger, announced the news. Ripple claims that such an initiative will deepen the technological base on the use and application of XRPL to host of institutional-grade financial assets. The move is part of a growing trend of tokenizing traditional instruments on decentralized networks.
Ripple and the Boston Consulting Group jointly released a forecast estimating the total RWA tokenization market could reach $19 trillion by 2033. This projection excludes stablecoins and focuses solely on tokenized traditional assets.
Push for Regulatory Clarity Continues in United States
This announcement comes as global firms intensify their push for regulatory frameworks governing digital securities and tokenized equities. The United States remains a central focus in this discussion. Market participants are actively working toward integrating these instruments into compliant, regulated platforms.
In a related development, Ondo Finance acquired tokenized asset platform Oasis Pro. The acquisition, announced Friday, aims to scale Ondo’s participation in the growing RWA market. Oasis Pro is known for being among the first U.S.-regulated trading systems supporting settlements in both fiat and stablecoins.
Centrifuge Plans to Tokenize S&P 500 Index
On Tuesday, blockchain company Centrifuge disclosed plans to tokenize the S&P 500 index. The tokenization will represent the weighted performance of 500 major U.S.-listed firms. Meanwhile, asset manager BlackRock has also engaged in this sector.
In January, CEO Larry Fink called on the U.S. Securities and Exchange Commission to authorize tokenization of stocks and bonds. John Murillo, Chief Business Officer at B2BROKER, noted that tokenized equity assets currently exist in a regulatory gray area. He stated that these instruments often lack key protections, including voting rights and claims to company assets.
Murillo also emphasized the need for investor diligence. He warned that some RWA tokens may involve smart contract risks or unclear legal obligations. Investors should examine each offering’s specific terms before participating in these markets. As Mercado Bitcoin’s XRPL tokenization initiative proceeds, attention remains on the broader legal and technological frameworks shaping RWA adoption across financial systems.
