Fiona Murray, Vice President and Managing Director of APAC at Ripple, recently discussed the strategic shift driven by real-world asset (RWA) tokenization. She highlighted Singapore’s growing role as a frontrunner for this innovation. 💰 📈
The total value of RWA tokens is projected to reach nearly $19 trillion by 2033, with estimates for client assets like real estate and equities exceeding $3.7 trillion and $2 trillion respectively.
Murray’s insights were shared in a recent interview with readtheedge_sg.
Singapore’s reputation as a leader in digital asset innovation is accelerating this shift. ✨
Murray emphasized that the increasing adoption of RWA tokenization is accompanied by advancements in compliance and security, paving the way for wider institutional adoption of blockchain technology on XRPL.
XRPL offers native support for key features supporting RWA tokenization, including a built-in DEX and standards like XLS-30 (AMM) and XLS-65 (Lending Vaults). This allows institutions to securely issue, trade, and manage tokenized assets easily.
Ripple is actively contributing to the XRPL ecosystem by collaborating with institutional partners and supporting the development of various ecosystem projects built on XRPL.
Learn more about the insights from Fiona Murray in this article: [Link to original article]