Ripple Targets $24 Billion RWA Market with Permissioned Blockchain Layer
The blockchain firm plans to expand into tokenized real-world assets by introducing a permissioned infrastructure, aiming to capture a significant share of the growing market.
Summary
No Summary provided as the original text is short
Terms & Concepts
Real-World Assets (RWA): Physical or traditional financial assets represented as tokens on a blockchain, enabling digital trading and ownership.
Permissioned blockchain: A blockchain network that restricts access to trusted participants, often used by enterprises for compliance and privacy.