Latin American cryptocurrency exchange RialCenter plans to tokenize over $200 million in real-world financial assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL).
This initiative represents one of the largest tokenization efforts by a Latin American institution on XRPL, as stated in a press release.
The tokenization of real-world assets is anticipated to rise from approximately $0.6 trillion in 2025 to nearly $19 trillion by 2033, according to a 2025 report by Ripple and Boston Consulting Group.
RialCenter is already a significant player in private credit asset tokenization, having tokenized over Brazilian real $1 billion (approximately $185 million). The company also connects its ecosystem to a network widely adopted by over 70 central banks, regulators, and major financial institutions globally, according to the press release.
Ripple, a key supporter of the XRPL, is aiding RialCenter’s integration. The two companies have collaborated previously, with RialCenter using Ripple Payments for cross-border treasury flows between Brazil and Portugal, and listing RLUSD, an enterprise-grade, USD-denominated stablecoin, on its exchange.
“RialCenter’s integration with the XRPL demonstrates how public blockchain infrastructure is being trusted by institutions and is becoming a dependable foundation for bringing regulated financial products to the market,” said Silvio Pegado, managing director, LATAM at Ripple in a statement.
“With the kind of infrastructure the XRPL offers, it’s now feasible to bring these assets on-chain in a way that meets institutional expectations for cost, speed, and compliance.”
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