Ripple aims to tokenize millions worth of RWA into XRPL

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Ripple, known for its blockchain solutions for enterprises, and Archax, the UK’s first Financial Conduct Authority (FCA), which regulates an exchange, broker and custodian of digital assets, announced a significant extension of their partnership. This expansion aims to tokenize hundreds of millions of dollars of real world assets (RWA) using XRP Ledger (XRPL), positioning XRPL as a leader in blockchain-based RWA tokenization.

Ripple Eyes RWA Tokenization Marketplace

This latest announcement builds on a relationship that began in 2022, when Archax first partnered with Metaco, subsequently acquired by Ripple in mid-2023, to offer enhanced digital asset custody services. This existing relationship has set the stage for deeper collaboration focused on using XRPL to tokenize RWA.

The primary goal of the partnership is to facilitate the adoption of blockchain technology by enabling financial institutions to tokenize a diverse range of assets, including equities, debt instruments and money market funds on XRPL. This initiative aims to leverage built-in general ledger features such as tokenization support, native decentralized exchange, and advanced compliance features.

Markus Infanger, vice president of RippleX, emphasized the strategic vision of the cooperation: “Our industry is at the beginning of the next important stage of implementation, where blockchain technology will provide real utility in financial markets at scale,” Infanger said. He further highlighted Ripple’s role in facilitating this adoption, noting, “Ripple is excited to make Archaxa’s vision of introducing blockchain technology and digital assets among financial institutions a reality.”

On the other hand, Graham Rodford, CEO of Archax, highlighted the operational and strategic benefits anticipated from this collaboration. “We have reached a tipping point in terms of widespread use of digital assets in real-world cases,” Rodford said. He discussed the inherent benefits of RWA tokenization, such as improved operational efficiency, increased market liquidity, and increased transparency.

XRPL’s architecture is particularly tough, featuring an open-source, decentralized structure that has been operating flawlessly since its inception in 2012. Over the past decade, the platform has facilitated over 2.8 billion transactions and supported over 5 million lively wallets. It is managed by a network of over 120 validators, which increases its security and reliability.

The partnership also emphasizes a compliance-focused approach. As the first and only FCA-regulated digital securities exchange and custodian in the UK, Archax is in a unique regulatory position that complements Ripple’s global regulatory engagement strategy. This strategic alignment is critical to supporting broader institutional adoption of blockchain and cryptocurrency technologies, particularly in regulated financial markets.

The expanded partnership was announced at XRP Ledger APEX 2024, XRPL’s largest annual summit, signaling a powerful start to future initiatives. In addition to this partnership, Ripple is actively developing its ecosystem, as evidenced by the recent establishment of the XRPL Japan and Korea Fund and the acquisition of Standard Custody & Trust Company.

Brad Garlinghouse, CEO of Ripple, commented on the potential impact of the partnership via that this number will grow exponentially in the future.

At press time, the price of XRP was $0.486.

XRP price remains below USD 0.50, 1-week chart | Source: XRPUSD on

Featured image from a chart created with DALL·E, from


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