- Experts predict that the tokenization of real-world assets (RWAs) will increase, with Ripple leading the way, followed by Chainlink and IOTA.
- Ripple has gained a competitive edge by partnering with a Canadian company for RWA tokenization on the XRP Ledger.
Ripple has a chance to surpass the other platforms in the trillion-dollar tokenization market for real-world assets. Ripple recently announced integration with Axelar’s programmable Web3 Interoperability Platform. Ripple has announced its integration with Axelar, the programmable Web3 interoperability platform.
Industry experts predict that the tokenized digital-securities market could reach up to $5 trillion by 2030. The new class of assets has great investment potential, thanks to the advantages offered by blockchain technology. Realizing the opportunity to attract this trillion-dollar industry, three blockchains; Chainlink, IOTA, and Ripple—are leading.
As CNF reportedXRPL will be integrated with a cross-chain infrastructure that is secure and seamless via a multisignature contract between 32 Axelar validaters. Axelar announced that it would enable the deployment on the XRPL blockchain of decentralized cross-chain applications (Dapps), using Axelar’s General Message Passing. Axelar’s network will allow the adoption of Real-World Assets tokenization on the XRPL Network.
Chainlink will not take this situation lightly. As CNF recently highlightedThe platform recently partnered up with global giants such as Citibank, HSBC and Goldman Sachs to lead the tokenization trend, which, according to some reports, will reach $10 trillion in 2030. Chainlink’s Niki Ariyasinghe claims that asset tokenization will be the most important factor in blockchain adoption.
Launch of IOTA 2.0 Promises to introduce technological innovations that will propel the tokenization real-world assets. The team is working on solutions and infrastructure in order to meet increasing demand for real-world assets.
David Schwartz CTO of Ripple predicts tokenization. believes XRPL, which offers collateralized loans with enhanced features and benefits, will lead the tokenization of real estate and commodities.
Real estate and commodities will be the driving force behind blockchain economics. Tokenized RWAs in XRP Ledger can improve collateralized lending, improve interoperability and encourage institutional adoption. financial sector. #XRPL, a leading Blockchain that enables these use-cases, will be the industry leader.
Ripple XRP Ledger, or XRPL, was the first platform to launch in 2017. welcome A stablecoin with mortgages as its backer. This groundbreaking innovation, developed by the RWA Protocol, revolutionizes mortgage industry by unlocking products for homeowners and market participants.
The market is bursting with trillions of dollars, so there’s plenty to go around. Chainlink IOTA and Ripple all get a large piece of the pie.
Chainlink has gained nearly 10% in the past week. 20% IOTA has been adding in the past 7 days. 16%About Ripple (XRP), 15%.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: www.crypto-news-flash.com