Mercado Bitcoin to Tokenize $200M in Real-World Assets on XRP Ledger

Key Points

1. Mercado Bitcoin (MB) will tokenize over $200 million in real-world assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL).

2. This initiative is one of the largest tokenization efforts by a Latin American institution on the XRPL and part of MB's international expansion strategy.

3. MB has already tokenized over R$1 billion (approximately $185 million) in private credit assets without defaults, leveraging its infrastructure integrated with systems used by more than 70 institutions.

4. Ripple is supporting MB's integration with XRPL, including facilitating cross-border treasury flows between Brazil and Portugal and listing RLUSD, a USD-denominated stablecoin, on MB's exchange.

5. XRPL has processed more than 3.3 billion transactions, attracting interest for its potential in scaling global finance through blockchain technology.