Mercado Bitcoin, the leading crypto exchange in Latin America, is tokenizing $200 million worth of real-world assets (RWAs) such as bonds and equities on the XRP Ledger. This move highlights the growing trend of integrating traditional finance into DeFi, as the industry pushes for regulatory clarity on tokenized assets in the U.S. Meanwhile, Ondo Finance acquired Oasis Pro, and Centrifuge revealed plans to tokenize the S&P 500 index. Experts caution that tokenized assets remain in a legal gray area and often lack key investor rights.
#Tokenization #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/