Real-world assets tokenization is picking up pace, with the XRPL leading the way when it comes to institutional adoption. Billions of dollars’ value of RWAs are already tokenized and moved on-chain, and tokenized assets are likely to reach a staggering $16 trillion by 2030. Institutions are targeting blockchain for new sources of revenue and for better efficiency and security.
RWA.xyz, the analytics platform for the tokenization of RWA, now includes support for XRPL. It offers users real-time data relating to tokenized assets, stablecoins, and network performance. Institutions, developers, and investors can now study the growing role of XRPL in the digital asset economy.
Traditional financial institutions are plagued with inefficiencies and are thus looking towards blockchain solutions. The XRPL is becoming the first preference with its low-cost transactions, compliance-focused capabilities, and tokenized asset liquidity instruments. It delivers smooth tokenization of financial instruments with better accessibility and transparency.
Ripple is driving this transformation by equipping XRPL with institutional DeFi solutions. These enhancements include compliance tools and programmability features that make it easier for regulated entities to bring assets on-chain. Ripple also provides custody, payments, and stablecoin solutions like RLUSD, streamlining digital asset transactions for financial institutions.
XRPL data now accessible on RWA.xyz
With XRPL data now accessible on RWA.xyz, institutions can track tokenized treasuries, stablecoins, and overall market trends. This integration offers a reliable source of real-time insights, helping industry players monitor the growth of tokenized finance.
RWA.xyz aggregates financial data from different blockchains and offers developers and investors a clear vision of the world of on-chain finances. With the new support for XRPL, users can now get real-time data from major areas including network performance, liquidity, tokenized treasuries, and stablecoin usage.
However, several institutions are currently making use of XRPL for tokenized assets. Archax onboarded abrdn’s £3.8 billion Liquidity Fund (Lux) onto the blockchain. Braza Bank in Brazil is tokenizing BBRL, a fully regulated Brazilian real stablecoin. Meld Gold in Australia is introducing digital certificates for tokenized silver and gold.
