Real-World Assets (RWA) News: How the XRP Ledger Empowers Institutions for Tokenization
Institutional Power of XRP Ledger in Tokenizing Real-World Assets
Ripple is actively promoting the XRP Ledger (XRPL) as the ideal blockchain for tokenizing real-world assets (RWA) on an institutional scale. Ripple emphasizes security, scalability, and interoperability, positioning itself as a dependable platform for decentralized finance (DeFi) and managing tokenized assets.
Insights from Ripple: Bridging Traditional Finance with DeFi
In a recent exclusive interview, Ross Edwards, Senior Director for Solutions and Delivery at Ripple, shared insights into why the XRPL is uniquely positioned to bridge traditional finance with DeFi. He discussed the foundational advantages of XRPL for institutions.
- Instant Settlement: XRPL settles transactions in just 3 to 5 seconds at minimal cost.
- Stability: Provides a stable and secure environment for tokenization.
- Lower Risk: Addresses high costs and delays of traditional financial systems.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.