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Mercado Bitcoin will carry out a $200 million RWA tokenization initiative on the XRP Ledger.
According to CoinDesk, the Latin American crypto asset exchange Mercado Bitcoin plans to tokenize over $200 million of real-world financial assets (RWA) on the XRP Ledger (XRPL), including fixed income and equity instruments. This move marks one of the largest tokenization initiatives by institutions in Latin America on the XRPL.
According to the report released jointly by Ripple and Boston Consulting Group in 2025, the scale of tokenization of real-world assets is expected to soar from approximately $0.6 trillion in 2025 to nearly $19 trillion by 2033.
Mercado Bitcoin is an important player in the private credit asset tokenization space, having tokenized over 1 billion Brazilian Reais (approximately 185 million USD). The press release noted that the company has also connected its ecosystem to a network that has been widely adopted by over 70 central banks, regulatory agencies, and major financial institutions worldwide.
Ripple is a major contributor to XRPL and is currently supporting the integration of Mercado Bitcoin. The two companies have previously collaborated, with Mercado Bitcoin using Ripple Payments for cross-border fund flows between Brazil and Portugal, and launching the enterprise-level USD-pegged stablecoin RLUSD on its exchange.
Silvio Pegado, Managing Director of Ripple for Latin America, stated in a statement: "The integration of Mercado Bitcoin with XRPL indicates that public blockchain infrastructure is gaining the trust of institutions and is becoming a reliable foundation for bringing regulated financial products to market. With the infrastructure provided by XRPL, these assets can now be tokenized in a way that meets institutional expectations for cost, speed, and compliance."
Gate market shows that XRP is currently priced at $2.280, with a 24-hour increase of 1.1%.