According to a 2025 report by Ripple, the blockchain-based digital payments company, and the Boston Consulting Group, the management consulting firm, the tokenisation of real-world assets (RWAs) is projected to grow from $0.6trillion in 2025 to $19trillion in 2033. Ensuring it remains a frontrunner in this shift, Mercado Bitcoin (MB), the digital asset platform in Latin America (LatAm), is planning to tokenise over $200million RWAs on the XRP Ledger (XRPL).
The XRPL is a public blockchain built for the efficient tokenisation of real-world assets. Launched in 2012, it enables near-instant, low-cost transactions, has processed more than 3.3 billion transactions without failure or security breach, and supports over six million active wallets and a decentralised network of more than 200 validators.
The move by MB represents a new approach for the company in its international expansion as it looks to increase global liquidity and access to regulated digital products across South America and Europe. It builds on its current role in the private credit assets sector, having tokenised more than R$1billion in real-world assets while maintaining a zero-default rate.
MB also connects its ecosystem to a widely adopted network by more than 70 central banks, regulators, and major financial institutions around the world.
Ripple, a key contributor to the XRPL, is focused on bringing high-quality, regulated assets onchain and is supporting MB’s integration onto the XRPL. MB has also worked with Ripple by using Ripple Payments to facilitate cross-border treasury flows between Brazil and Portugal, and on the listing of RLUSD, an enterprise-grade, USD-denominated stablecoin on its exchange. MB was the first client of the solution in the country, gaining access to a faster, more secure, and cost-efficient international payments system.
“Across Latin America, we’re seeing forward-looking institutions explore how tokenisation can improve access and efficiency in financial markets,” said Silvio Pegado, managing director, LatAm at Ripple.
“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. With the kind of infrastructure the XRPL offers, it’s now possible to bring these assets onchain in a way that meets institutional expectations for cost, speed, and compliance.”
