885% more real-world assets used the XRP Ledger this month
Institutions are adopting the XRP Ledger to transfer tokenized real world assets like gold and US Treasury bonds.
Wall Street doesn’t move quietly when it starts moving for real. This month, a train as long as continents is starting to slowly pull out of the station.
Real-world asset settlement on the XRP Ledger has surged +885% in 30 days. Choo! Choo! Choo!!!
That’s not a typo. That figure is according to the leading analytics platform for tokenized assets, New York-based RWA.
Institutions are burning XRP as fees for logistics and settlement rails to transfer ownership of real-world assets.
These type of growth levels are the financial activities of real wealth managers, moving hard assets that are the building blocks of civilizations and the wealth of nations.
On-chain, I’m tracking tokenized US Treasuries, gold, silver, and other institutional-grade products physically moving between wallets on the XRPL and burning XRP transaction fees for that privilege.
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Nothing in this newsletter is financial or investment advice. We summarize news for entertainment purposes only and cannot guarantee accuracy of the information herein. We do not provide advisory services, guidance, or information regarding trading or investing. Past performance is not indicative of future results.
XRP Premium Analysis
Total distributed RWA value on XRPL now sits at…