Ripple and Archax announce new partnership to tokenize real world assets (RWAs) on XRP Ledger
a strategic partnership with Archax, the U.K.'s regulated digital asset exchange, to enhance the functionality of its blockchain. The collaboration will focus on the tokenization of real-world assets , with plans to bring significant capital to XRP Ledger over the next year.Archax, which enables financial institutions to tokenize RWAs, will leverage XRPL's infrastructure to improve efficiency and market access for these assets.
It looks like tokenization will soon cover all types of investment assets. Even traditional securities will be available for purchase in the form of tokens, without unnecessary bureaucracy or geographical restrictions. , the capitalization of all projects related to RWAs has grown more than 11 times since October 2023 and currently stands at $8.36 billion. Not surprisingly, interest in RWAs is growing: BCG predicts that the market for tokenized assets will grow to $16 trillion.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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