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Tokenized Real-World Assets on XRP Ledger Surpass $1 Billion

The total value of tokenized assets on the XRP Ledger (decentralized public blockchain) has exceeded the $1 billion threshold, marking a significant milestone.

XRP

Summary

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Terms & Concepts
  • Real World Assets (RWA): Tangible assets such as real estate, commodities, or bonds that are tokenized and represented on a blockchain.
  • XRP Ledger (XRPL): A decentralized, open-source blockchain designed for high-performance cross-border payments and asset settlement.
  • Tokenization: The process of issuing a blockchain token that digitally represents a real tradable asset.