XRP News Today: XRP Ledger Sees 34.6% Increase in Tokenized Real-World Assets

The XRP Ledger has recorded a significant 34.6% increase in tokenized real-world assets (RWA) over the past 30 days, reaching a total value of $157.4 million. This growth places the XRP Ledger as the second-largest blockchain in terms of monthly RWA increase, trailing only Aptos, which saw a nearly 57% expansion to $539.3 million. Ethereum maintains the top position by total value at $7.55 billion, with a modest 2.4% gain.

Despite being the 10th-largest blockchain by total tokenized RWA value, the XRP Ledger stands out with the third-smallest number of projects, totaling just six initiatives. This number is expected to rise following a recent partnership between Ripple and the Brazilian crypto platform Mercado Bitcoin. The collaboration aims to tokenize $200 million using the XRP Ledger, which, if fully realized, would more than double the ledger’s current RWA capitalization and elevate its position in the RWA.xyz rankings.

Inside the XRP Ledger’s tokenization stack, US Treasury debt constitutes the largest portion of tokenized value at $90.1 million, or approximately 57% of the network’s RWA base. Public equity receipts follow at $55.4 million, with non-US sovereign debt and real-estate tokens contributing $11.9 million and $2.9 million, respectively. Archax leads the protocol table with $112.1 million across three instruments, accounting for 55.6% of on-chain value, while Ondo holds $30.1 million.

Mercado Bitcoin’s announcement on July 4 to tokenize over $200 million in permissioned fixed-income and equity-income products on the XRP Ledger is set to further expand token volumes. This effort is noted as one of the most extensive Latin American tokenization campaigns, building on Mercado Bitcoin’s track record of issuing over R$1 billion ($182 million) in on-chain private credit assets with zero defaults. The exchange will utilize the XRP Ledger’s native settlement layer to distribute these instruments across South America and Europe.

Ripple has highlighted that Mercado Bitcoin already employs Ripple Payments for cross-border treasury transfers between Brazil and Portugal and has listed the RLUSD stablecoin on its platform earlier this year. The partnership underscores the growing integration of blockchain technology in financial services, particularly in the tokenization of real-world assets, which is expected to drive further growth and innovation in the sector.