The source says the XRP Ledger (decentralized blockchain network) already supports tokenized bond settlement, echoing Ripple CEO Brad Garlinghouse’s earlier projection for onchain bond markets.
The source states that the XRP Ledger (decentralized blockchain network) is already being used to settle tokenized bonds, presenting this as evidence that onchain bond settlement on XRP is not a future-only concept. It also says the network is the first decentralized system with a built-in tokenization framework at the base protocol level, a feature designed to let real-world assets be represented onchain. In crypto markets, tokenization (turning assets into blockchain-based tokens) is often highlighted as a way to make issuance, transfer, and settlement more efficient by using a shared ledger rather than traditional fragmented infrastructure.