Institutions Move Beyond Tokenized Asset Experiments

Ripple President Monica Long has confirmed that tokenized assets are no longer just experiments. In her latest statement, she emphasized that they have moved into production phase.

Long pointed out that in the last year, there has been a significant shift from bank pilots to actual usage of tokenized assets like money market funds and liquidity funds on the XRP Ledger.

The recent Aviva Investors tokenized USD Liquidity Fund on XRPL is cited as evidence of institutions moving beyond experimentation. The goal at Ripple is to deliver a full-stack digital asset setup that allows participants to manage the entire lifecycle of a tokenized asset, from issuance to settlement.