Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL).
The data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/raw-backing-how-issuers-ensure-1-1-peg-tokenized-assets” title=”null”>real-world assets include tokenized fixed-income and equity financial instruments, according to an data-ct-non-breakable=”null” href=”https://ripple.com/ripple-press/mercado-bitcoin-expands-global-access-by-tokenizing-200m-in-regulated-financial-assets-on-the-xrp-ledger/” rel=”noopener nofollow” target=”_blank” title=”null”>announcement from Ripple, the blockchain company that launched the XRPL.
A report published by Boston Consulting Group and the blockchain company forecasted the data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/rwa-token-market-bitcoin-adoption-2025″ title=”null”>tokenized RWA market to swell to a $19 trillion market capitalization by 2033.
The deal came amid a concerted effort…
