Ripple CTO Targets XRP Ledger Expansion Into Stocks, Repos and Money Market Funds

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According to Ripple CTO David Schwartz in a new RippleX video, the XRP Ledger is expanding beyond payments to support tokenized securities, money market funds, stocks, and upcoming features including tokenized repos and tokenized loans. Schwartz stated that enterprises are already using the network to issue and transfer digital representations of real-world assets, with tokenized asset activity on the ledger reaching approximately $3.5 billion this year. The development comes after Ripple participated in an industry pilot with JPMorgan and Mastercard that settled tokenized U.S. Treasuries on-chain in less than five seconds.
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