Latin American cryptocurrency exchange Mercado Bitcoin has announced plans to tokenize $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL). This initiative will convert fixed-income securities and equity-based products into digital tokens leveraging XRPL’s infrastructure.
The exchange selected XRPL for its low transaction fees, rapid settlement capabilities, and institutional-grade framework. This move aims to enhance asset liquidity and investor accessibility across Latin American markets while responding to growing institutional interest in compliant blockchain solutions.
Data indicates XRPL hosts approximately $157 million in tokenized assets, narrowing its gap with Ethereum’s $7.5 billion market share. The global tokenized asset sector is projected to surpass $600 billion by 2025’s end, with potential growth to $19 trillion by 2033 amid escalating institutional adoption. Major financial players including BlackRock and Guggenheim exploring tokenization further validate the industry’s trajectory.