XRP Ledger Powers Mercado Bitcoin’s $200M Tokenization Move

XRP Ledger is taking center stage as Latin American cryptocurrency exchange Mercado Bitcoin announces its ambitious plan to tokenize $200 million in real-world financial assets (RWAs). This significant move enhances XRPL’s role as a pivotal public blockchain for regulated financial instruments and underlines the growing trust institutions place in decentralized infrastructure.

According to the company, the tokenized assets will include traditional financial instruments such as fixed income and equity products. This strategic initiative is one of the largest tokenization deployments on the XRP Ledger by a regional exchange, signaling a shift toward institutional-grade blockchain adoption in Latin America.

In a press release, Mercado Bitcoin highlighted its continued commitment to innovation within digital asset infrastructure. The integration with XRPL marks not only a technical enhancement but also a progressive shift in how traditional financial assets are managed and distributed.

As institutions increasingly adopt blockchain, the tokenization of real-world assets is expected to soar in the coming years. A 2025 report by Ripple and Boston Consulting Group anticipates that the market will grow from $0.6 trillion to a massive $19 trillion by 2033. With this projection in mind, Mercado Bitcoin’s move strategically positions it at the forefront of this transformative financial evolution.

Mercado Bitcoin is no stranger to asset tokenization. The firm has already converted more than R$1 billion (roughly $185 million USD) of private credit products into blockchain-based tokens. It also operates within a broader global financial ecosystem, maintaining active relationships with over 70 central banks, regulators, and prominent financial institutions worldwide.

Ripple, the enterprise blockchain company pivotal to XRPL’s development, is playing a direct role in supporting this expansion. The two firms have a history of collaboration, including Mercado Bitcoin’s use of Ripple Payments for managing cross-border treasury flows between Brazil and Portugal. Additionally, Mercado Bitcoin lists RLUSD—a regulated USD-backed stablecoin targeting institutional-grade use cases—on its platform.

Silvio Pegado, Ripple’s Managing Director for LATAM, emphasized that the partnership illustrates how far public blockchain infrastructure has matured. “Mercado Bitcoin’s integration with the XRPL shows how public blockchain infrastructure is being trusted by institutions and is becoming a reliable foundation for bringing regulated financial products to the market,” Pegado noted.

He continued, stating, “With the kind of infrastructure the XRPL offers, it’s now possible to bring these assets on-chain in a way that meets institutional expectations for cost, speed, and compliance.”

As Mercado Bitcoin deepens its stake in XRPL’s institutional use cases, the initiative could foster broader tokenization trends across the region, showcasing blockchain’s potential to modernize even the most established financial infrastructures.

Related: Expert Advice: Sell XRP If You’re Confused

Read more: Mercado Bitcoin, Polygon Labs Look to Issue $200M Worth of Tokenized Assets in Latin America