Guggenheim is transitioning its tokenized debt product from Ethereum to the XRP Ledger in partnership with Ripple.
Ripple invests 10 million USD in the product, which features maturity dates extending up to 397 days, aimed at improving real-time engagement in blockchain finance.
Ripple’s focus is on functionality despite the XRP Ledger’s smaller market share in tokenization, navigating regulatory challenges to enhance adoption of tokenized assets.
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