Mercado Bitcoin, a leading crypto platform in Latin America, is set to tokenize over 200 million USD in real-world assets on the XRP Ledger. This initiative shows the growing institutional trust in blockchain technology and its potential to improve financial market access.
The XRP Ledger’s infrastructure upgrades and low-cost transactions could enhance its competitiveness in the tokenization space, particularly against Ethereum. Ripple’s LATAM managing director emphasized how institutions are increasingly adopting public blockchain solutions.
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