Mercado Bitcoin, the main exchange of cryptocurrencies in the Latin American region, announced on Friday that it is toxhenizing $ 200 million in the real world (RWA) on Ledger XRP (XRPL).
According to assets in the real world, they include tokenized financial instruments with indefinite income and shares announcement From Ripple, Blockchain, which launched XRPL.
The report published by the Boston Consulting Group and Blockchain Company forecasted that the tokenized RWA market increased to market capitalization worth $ 19 trillion by 2033.
The agreement appeared among the joint efforts of the cryptocurrency industry managers and assets to create regulatory transparency for tokenized actions and other RWA in the United States, because companies expand their tokenized offer and integrated the tokenized trade in assets to existing platforms.
Related: Ripple applies to the American banking license, joining Crypto Rush to obtain an ID card
Cryptographic companies are in a hurry to toxmentize established financial assets, but the regulations are still unclear
Ondo Finance, a decentralized financial protocol (DEFI), acquired a toasis PRO asset company on Friday, trying to expand its presence in the developing RWA sector.
“Oasis Pro was one of the first alternative trading systems regulated by the US authorized to support the resolution of digital securities both in FIAT and Stablecouins,” Ondo Finance wrote.
Centrifuge, Blockchain, which focused on the integration of RWA with the DEFI protocols, announced on Tuesday plans to toxate the S & P 500 STRAID index, a collection of 500 largest companies listed on the stock exchange on the American stock market.
https://www.youtube.com/watch?v=tyo993T72MS
In January, Larry Fink, general director of Blackrock, the world’s largest estate manager with about $ 11.4 trillion of managed assets, called the Securities Commission and United States Exchange Commission (SEC) to approve shares and bonds.
John Murillo, business director of FinTech Company B2Broker, said that tokenized capital instruments are still in the regulatory gray zone and there are not many rights granted to owners of established shares.
“There is no direct claim on the company’s assets, no vote rights and access to internal financial information,” wrote the director in the E -Mail message sent to Cointelegraph.
Investors must understand the compact print of each individual RWA instrument, which they observe to understand whether there are cash flows, dividends, legal provisions or bright risk of a contract in any prospective investment, added the executive director.
Warehouse: Crypto wanted to overthrow the banks, now they are becoming stablein’s fight
