Mercado Bitcoin plans to tokenize more than $200 million in real-world assets on the XRP Ledger (XRPL), with support from Ripple.
This initiative is one of the largest tokenization efforts in Latin America on the XRPL, focusing on fixed income and equity income instruments.
Tokenizing real-world assets on the XRPL aims to improve financial market access and efficiency by leveraging blockchain technology.
The integration of Mercado Bitcoin with the XRPL highlights the growing trust in public blockchain infrastructure among financial institutions for regulated digital products.