Australia Joins Forces with Ripple to Unleash $12 Billion in Tokenized Assets

Australia is taking a leading role in the global digital economy by forging a strategic partnership with Ripple, aiming to embrace tokenized assets. This collaboration, detailed in a joint report from Ripple, the Digital Economy Council of Australia, and the Digital Finance Cooperative Research Centre, outlines a policy approach that could unlock a staggering $12 billion in annual productivity gains through asset tokenization.