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Mercado Bitcoin, one of the largest crypto of Latin America, announced plans to token asset in the real world (RWAS) worth $ 200 million on the XRP book.
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This step will bring on XRPL tokenized tools with fixed income and capital because the stock exchange seems to connect to the growing market for digital versions of traditional assets Ripple released on Friday.
“The integration of Bitcoin Mercado Bitcoin with XRPL shows how public infrastructure of blockchain trusted institutions and becomes a reliable basis for launching regulated financial products,” said Silvio Pegado, LATAM CEO at Ripple.
Ripple’s announcement is a follow-up to the Boston Consulting Group report, which predicts the tokenized RWA sector to achieve a market capitalization of $ 19 trillion by 2033, underlining the sharp interest of both crypt-national and traditional financial players.
The agreement emphasizes the momentum throughout the industry as asset managers, and Blockchain companies increase the efforts to secure regulatory frames for tokenized assets, especially in the United States.
At the beginning of this week, Ondo Finance, a decentralized financial protocol, Obtained Oasis forA regulated trading platform specializing in the settlement of digital securities, deepen your trail on the RWA market.
Meanwhile, another Centifuge company, another Blockchain company focused on real -world assets, revealed plans to token the S&P 500 index and offered a decentralized access to the basket of the US best publicly mentioned companies.
The Rush to tokenized rwas He also attracted the attention of the greatest names in finance.
In January, CEO of Blackrock Larry Fink publicly called on the US Securities and Stock Exchange Commission Approve tokenization of stocks and bondsTo argue that this could improve market efficiency.
Last week, chairman of SEC Paul Atkins said CNBC that “rules were not clear” in terms of regulation of digital assets in the United States and indicated “immediate” boom in tokenization as a whole.
Atkins argued that tokenization was a “next step” to have “much greater efficiency” on the markets.
Last month, the CEO of Ripple Brad Garlinghouse revealed that society would become its cross -mount against the SEC and added that it is also expected that the regulator will cancel its own appeal.
The announcement followed the decision of the US District Court, which rejected a common application from Ripple and SEC to reduce $ 125 million and overturned the decision that classified institutional XRP Ripple as a securities transaction.
Judge Ana Ana Ana Ana Ana Ana Ana Ana Ana Analisa Torres noticed that Ripple’s readiness to move the boundaries of the former summary judgment, indicating the risk of future violation.
Ripple, Stuart Alderota, said the company faced a selection between dropping an appeal or continuing to attack the finding.
He stressed that regardless of the decision “legal status XRP because there is no security, he remains unchanged” and assured that Ripple’s business operations would continue as usual.
Contribution Bitcoin Mercado tokenize $ 200 million in RWAS on XRP Ledger, Ripple reveals He appeared for the first time Cryptonews.