BlackRock CEO Highlights Tokenization, Elevating XRP’s Role
At the Future Investment Initiative in Riyadh, BlackRock CEO Larry Fink called tokenization a "major financial evolution", noting central banks and ETF issuers are racing to digitize currencies. This shift could reshape global settlement infrastructure. XRP supporters seized on his remarks, arguing the XRP Ledger (XRPL) is poised to become the core settlement layer for tokenized assets. Analyst Versan Aljarrah of Black Swan Capitalist said CBDCs and tokenized ETFs will require XRPL’s infrastructure. Ripple’s CTO and asset manager Bitwise have also endorsed XRPL’s tokenization features. According to Google’s Gemini AI, the tokenization market could reach $15 trillion by 2030; if XRPL captures 1–5%, XRP’s market cap might hit $6–$30 trillion, implying a theoretical price of $100–$500 per token. Achieving this hinges on institutional adoption, clear regulations, and XRPL outperforming competitors like Ethereum and Solana, while XRP’s built-in burn mechanism could further support prices. This development underscores XRP’s potential in the emerging tokenized finance era.
Bullish
This news is bullish for XRP because endorsements from BlackRock’s CEO and AI market projections could increase institutional interest and adoption of XRP for tokenization. In the short term, positive sentiment and analyst attention may boost trading volumes and price. Long term, if XRPL secures a substantial share of the projected $15 trillion tokenization market, XRP’s deflationary burn mechanism and its role as a settlement layer could support sustainable price appreciation.