As the White House emphasizes the importance of tokenization technology for digital assets and real-world assets (RWAs), interest in related blockchain infrastructure is growing. Tokenization, a technology that converts real-world assets like real estate and bonds into blockchain-based digital tokens for trading and distribution, is gradually becoming a trend gaining traction in the financial market.
The White House report and policy documents on digital assets emphasize the potential for digital assets and tokenization technologies to revolutionize the financial system. The report argues that blockchain-based assets, when combined with traditional finance, have the potential to enhance market efficiency and transparency.
Against this backdrop, the XRP Ledger (XRPL) is being discussed in the industry as a potential tokenization infrastructure. XRP Ledger is being evaluated as a viable solution for real-world asset tokenization projects, emphasizing its fast transaction processing, low fees, and compatibility with standards like ISO 20022. There are also reports of institutional-level tokenization experiments and collaborations underway based on XRPL.
Industry insiders believe that, with regulatory clarity and technological maturity, the RWA tokenization market could serve as a bridge between traditional financial markets and the digital asset ecosystem. However, this outlook is based on the discussion that, independent of the official position that it will become reality within a specific timeframe, it will likely gradually expand in response to changes in current financial regulations and market structures.
