"Ripple's partnership with UK-based Archax signals a bold push to bring real-world assets (RWAs) onto the XRP Ledger (XRPL), targeting over $1 billion by mid-2026. This builds on their June 2024 commitment to onboard "hundreds of millions of dollars" within the first year. Asset tokenization is entering mainstream adoption, and Ripple wants XRPL at the center of it. Ripple and Archax's compliance-first approach adds credibility as the latter is the UK's first Financial Conduct Authority (FCA) regulated digital securities exchange."
"The partnership marks one of the first large-scale attempts to connect traditional finance with a public blockchain in a regulated manner. In practice, Archax has already tokenized equity, debt, and money-market funds , demonstrating the model works. By leveraging XRPL's built-in tokenization and payment features, these tokenized assets can settle in seconds with low fees, benefiting from XRPL's decade-long track record (over 2.8 billion transactions without failure)."
"Additionally, the Ripple-Archax initiative aligns with a broader industry trend. Consulting firm McKinsey projects tokenized securities and funds could reach $2-4 trillion in market size by 2030 , and BCG estimates up to $16 trillion in tokenized assets by that date. Ripple is positioning XRPL to capture market share through active investment in tokenization."
Ripple and Archax are collaborating to bring real-world assets onto the XRP Ledger with a target of more than $1 billion by mid-2026. The partnership builds on a June 2024 commitment to onboard hundreds of millions of dollars within the first year. Archax is an FCA-regulated digital securities exchange that has tokenized equity, debt, and money-market funds, demonstrating operational viability. XRPL offers built-in tokenization and fast, low-cost settlement with an established transaction history. Industry forecasts show tokenized assets could reach trillions by 2030, and Ripple is positioning XRPL to capture significant market share.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]