Latin America’s Crypto Kingpin Unleashes $200M Tokenization Bombshell 🚀

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Ah, the sweet scent of tokenization wafts through the air, carrying with it the promise of a new era in Latin American finance. Mercado Bitcoin, the region’s largest cryptocurrency exchange, has announced plans to tokenize a whopping $200 million in real-world assets on the XRP Ledger (XRPL). 🤑

  • Mercado Bitcoin is no stranger to the tokenization game, having already tokenized over $1 billion in Brazilian real (approximately $185 million) in private credit assets. 💸
  • The company has also utilized Ripple Payments for cross-border treasury flows between Brazil and Portugal, because who needs borders when you have blockchain? 🌎

This move marks one of the largest tokenization efforts by a Latin American institution on XRPL, because why go small when you can go big? 🤯 According to a press release, the tokenization of real-world assets is projected to surge from approximately $0.6 trillion in 2025 to nearly $19 trillion by 2033. That’s a whole lotta tokens! 🚀

Mercado Bitcoin’s integration with the XRPL is a match made in heaven, or at least in the world of blockchain. Ripple, a key contributor to the XRPL, is supporting Mercado Bitcoin’s integration, because who doesn’t love a good partnership? 🤝

“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,” said Silvio Pegado, managing director, LATAM at Ripple. 🙌

“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.” Because who doesn’t love a good game of “compliance”? 🤣

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2025-07-07 14:08