XRP Overtakes Ethereum as Fourth Largest Chain for Represented Tokenized Real-World Assets

The XRP Ledger flips Ethereum in represented RWA rankings, signaling growth in institutional utility.

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Terms & Concepts
  • Real-World Assets (RWA): Physical or traditional financial assets, such as real estate, commodities, or bonds, that are tokenized and represented on a blockchain.
  • Tokenization: The process of converting ownership rights of a physical or digital asset into a digital token on a blockchain.