Mercado Bitcoin to Tokenize $200M in Assets on XRP Ledger: A Game Changer!
Mercado Bitcoin to Tokenize $200 Million in Financial Assets on XRP Ledger
Major Initiative in Latin America
On July 7, 2025, in São Paulo, a prominent cryptocurrency exchange in Latin America announced an ambitious project to tokenize over $200 million worth of real-world financial assets (RWAs), including fixed income and equity instruments, utilizing the XRP Ledger (XRPL).
Tokenization Growth Projections
This initiative marks one of the largest tokenization efforts by a Latin American organization on the XRPL, as detailed in an official announcement. According to a 2025 report by Ripple in collaboration with the Boston Consulting Group, the tokenization of physical assets is expected to surge from approximately $0.6 trillion in 2025 to nearly $19 trillion by 2033.
Mercado Bitcoin’s Track Record
Mercado Bitcoin has already established itself as a significant player in the private credit asset tokenization sector, having successfully tokenized assets exceeding 1 billion Brazilian real (around $185 million). The company has also formed connections within a network that is recognized by over 70 central banks, regulators, and major financial institutions globally.
Collaboration with Ripple
Ripple, a key player in the XRPL ecosystem, is actively supporting Mercado Bitcoin in its integration efforts. The partnership has been ongoing, with Mercado Bitcoin utilizing Ripple Payments for cross-border treasury transactions between Brazil and Portugal, and launching RLUSD, a corporate-grade stablecoin pegged to the US dollar on its trading platform.
Insights from Ripple’s Managing Director
Silvio Pegado, Managing Director for LATAM at Ripple, highlighted the importance of Mercado Bitcoin’s integration with XRPL. He noted that public blockchain infrastructure is increasingly gaining acceptance among institutions, evolving into a reliable framework for introducing regulated financial products to the market. Pegado remarked, “With the robust infrastructure provided by XRPL, the process of bringing these assets onto the blockchain in accordance with institutional standards for cost, speed, and compliance is now a feasible reality.”
