Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL
2025-07-05 19:49:50
Main Idea
Mercado Bitcoin is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL), reflecting the growing trend of crypto firms integrating traditional financial assets into blockchain platforms.
Key Points
1. Mercado Bitcoin, a major Latin American crypto exchange, announced the tokenization of $200 million in RWAs, including fixed-income and equity financial assets, on the XRPL.
2. A report by Boston Consulting Group and a blockchain company projects the tokenized RWA market to grow to $19 trillion.
3. Other firms like Ondo Finance and Centrifuge are also actively tokenizing traditional financial assets, such as the S&P 500 index.
4. BlackRock CEO Larry Fink urged the SEC to approve stock tokenization, highlighting institutional interest in RWAs.
5. Tokenized equity remains in a regulatory grey zone, with firms emphasizing the need for investors to understand the specifics of each tokenized RWA.
Description
Tokenized real-world assets (RWAs) continue to gain traction as crypto firms push for clear regulations for onchain financial instruments.
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