Mercado Bitcoin to Tokenize $200M RWAs on XRP Ledger
Mercado Bitcoin, Latin America’s largest crypto exchange, plans to tokenize $200 million in real-world assets (RWAs) on the permissioned XRP Ledger. This tokenization covers fixed-income and equity instruments and raises total XRPL tokenized assets to about $357 million.
The deal underscores institutional trust in blockchain infrastructure. XRPL’s tokenization benefits from low fees, fast settlement and compliance-ready features such as batch transactions, EVM-compatible sidechain, cross-chain interoperability, escrow functions and permissioned DEXs. A Boston Consulting Group report forecasts the tokenized asset market will reach $19 trillion by 2033, driving demand for clear US regulation. Industry players like Ondo Finance and Centrifuge are also expanding into RWAs.
Ripple has withdrawn its cross-appeal against the SEC, maintaining the non-security status of XRP and ensuring operational continuity. Traders should monitor how this tokenization trend and evolving US regulatory clarity affect liquidity, yields and price momentum on the XRP Ledger.
Bullish
The announcement is bullish for XRP. Tokenization of RWAs on the XRP Ledger highlights real-world demand and institutional adoption, boosting network utility. Removal of legal uncertainty through Ripple’s withdrawal of its SEC cross-appeal further strengthens confidence. In the short term, increased issuance may improve liquidity and trading volumes. Long term, growing RWA tokenization and clearer US regulations could drive sustained demand for XRP-based assets, potentially leading to price appreciation.