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XRP Ledger Products Make Up 67% of Justoken’s $2.63 Billion Tokenized RWA Value

Justoken says JMWH, an energy product issued exclusively on XRP Ledger (blockchain for XRP), represents $1.76 billion of the platform’s global tokenized real-world asset value.

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Summary

Justoken states that products issued on XRP Ledger (blockchain for XRP) account for 67% of its $2.63 billion in global tokenized real-world asset value. The company said JMWH, described as an energy product issued exclusively on XRP Ledger, holds the largest share at $1.76 billion. Justoken added that its other tokenized products, valued at $862 million, were deployed on Polygon (Ethereum scaling network). The figures point to a concentration of represented value on XRP Ledger within Justoken’s tokenized real-world asset lineup.

Terms & Concepts
  • Tokenized real-world assets: Blockchain-based representations of traditional assets or products, allowing them to be recorded, transferred, or tracked on-chain.
  • XRP Ledger: A blockchain network associated with XRP, designed for digital asset transfers and token issuance.
  • Polygon: An Ethereum scaling network used to support lower-cost and faster blockchain transactions and token deployment.