Mercado Bitcoin Tokenizes $200M Real-World Assets on XRP Ledger
Latin America's major crypto exchange, Mercado Bitcoin, announced it is tokenizing $200 million in real-world assets on $XRP Ledger.
Mercado Bitcoin Tokenizes $200M Real-World Assets on XRP Ledger
CMC News: Latin America's major crypto exchange, Mercado Bitcoin, announced it is tokenizing $200 million in real-world assets on XRP Ledger.
The tokenized assets include fixed-income securities and equity financial instruments, according to Ripple's announcement.
Boston Consulting Group forecasts the tokenized RWA market will reach a $19 trillion market capitalization by 2033.
Ondo Finance acquired tokenized asset firm Oasis Pro to expand its presence in the emerging RWA sector.
Centrifuge announced plans to tokenize the S&P 500 stock market index on blockchain infrastructure.
BlackRock CEO Larry Fink urged SEC approval for stock and bond tokenization in January statements.
Current tokenized equity instruments lack traditional shareholder rights including voting and asset claims.
Investors must carefully review individual tokenized RWA instruments for cash flows, dividends, and smart contract risks.