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Mercado Bitcoin to Tokenize Real-World Assets on XRPL Blockchain

  • 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.

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