Ripple announced that Mercado Bitcoin will bring fixed financial instruments and encrypted stocks to XRPL, aiming to tap into the digital traditional asset market. Silvio Pegado, LATAM Director of Ripple, stated that this is evidence that public blockchain infrastructure is gaining trust from institutions.
The Boston Consulting Group report predicts that the tokenized real asset sector (RWA) will reach a market capitalization of 19 trillion USD by 2033, attracting interest from both cryptocurrency and traditional finance investors.
Ripple has also withdrawn its appeal against the SEC after the court rejected its request to reduce the penalty of 125 million USD. Legal director Stuart Alderoty affirmed that the legal status of XRP remains unchanged and Ripple’s business operations will continue as usual.
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