Ripple's CTO Reveals XRP Ledger Will Soon Store Billions of Tokenized Assets

David Schwartz, the Chief Technology Officer of Ripple, has confirmed that the XRP Ledger is now ready to support large-scale tokenization of real-world assets. His statement, shared today by XRP supporter Edo Farina on X, indicates that the platform is entering a new operational phase and the deployment is expected to be accelerated. According to Schwartz, tokenizing assets such as real estate, stocks, and commodities like gold, silver, platinum, and steel, as well as treasury bonds on XRPL, will address most inefficiencies. These are carried out at back offices on traditional systems. Pointing out the current inefficiency, Schwartz emphasized the delays and paperwork associated with real estate transactions and how blockchain provides immediate proof of ownership along with secure and tamper-proof records. He stated that the lender can easily verify that the collateral assets are not damaged and are not imposed in another location by using the XRP Ledger. This process has so far been carried out manually, with the related paperwork procedures, but can now be done a bit faster and more transparently. Organizations Are Increasingly Trusting XRP Ledger for Asset Tokenization In his speech, Schwartz also highlighted the growing interest from institutions in blockchain-based asset management. He cited the recent launch of U.S. Treasury bonds tokenized on XRPL by OpenEden as a clear signal that the wave of tokenization has been and is attracting attention. Schwartz continued to say that XRPL was built with the purpose of enabling this change. Its low cost, instant payments, and native decentralized trading platform can facilitate the trading of various types of assets. In addition, Schwartz noted that large financial institutions such as JPMorgan and Bank of America are exploring tokenized assets and the XRP Ledger aligns with this emerging direction. He explained that XRPL is an effort to create a complete financial system that includes stablecoins and loans, along with the ability to tokenize assets, and XRP will be the utility token of this system. This move aligns with Ripple's long-term plan to provide a blockchain system capable of meeting organizational standards. Clarity in regulations and their application by organizations is considered very important, as the market's reaction is quite cautious, with analysts expressing optimism. Although there are still many speculations about the price of XRP, most people can agree that its value will significantly depend on meaningful context and effective integration. Conclusion With David Schwartz confirming the readiness of XRPL, Ripple currently positions this ledger as a central infrastructure for storing billions of tokenized physical assets around the world. As organizations begin to integrate blockchain into asset management, the XRP Ledger is taking on a crucial role in the global shift towards digital finance.