Latin American Cryptocurrency -Exchange Mercado Bitcoin plans to tokenize over $ 200 million in financial assets in the real world (Rwas)Including fixed income and stock instruments, on XRP -headbok (Xrpl).
The move marks one of the largest tokenization efforts from a Latin American institution at XRPL, according to a press release.
The tokenization of assets in the real world is expected to rise from approx. $ 0.6 trillion in 2025 to nearly $ 19 trillion in 2033, according to a 2025 report from Ripple and Boston Consulting Group.
Mercado Bitcoin is already a significant player in the private credit -aktokenization space that has tokenized over Brazilian real of $ 1 billion (about 185 million dollars). The company also connects its ecosystem to a network that has been largely adopted by over 70 central banks, regulators and major financial institutions globally, the press release said.
Ripple, an important contributor to XRPL, supports Mercado Bitcoin’s integration. The two companies have previously collaborated, with Mercado Bitcoin, which uses rippling payments for cross-border governmental streams between Brazil and Portugal, and lists RLUSD, a business quality, USD-denominated stableecoin, on its exchange.
“Mercado Bitcoin’s integration with XRPL shows how public blockchain infrastructure is trust in institutions and becomes a reliable foundation for bringing regulated financial products to the market,” Silvio Pegado, CEO Latam in Ripple, said in a statement.
“With the kind of infrastructure that XRPL offers, it is now possible to bring these assets to the chain in a way that meets institutional expectations of cost, speed and compliance.”
Read more: Mercado Bitcoin, Polygon Labs seems to issue $ 200 million. Tokenized assets in Latin America
