Ripple's Tokenization Push Hits Milestones on XRP Ledger
Ripple's efforts to establish the XRP Ledger as a hub for tokenized real-world assets (RWAs) are showing signs of progress, according to new data from RWA.xyz. The represented asset value on the XRP Ledger has climbed to $4.06 billion, marking a 2.18% increase over the past 30 days.
The number of RWA holders has also risen sharply, up 25.16% to 199. In addition to these metrics, the RWA.xyz dashboard shows that the XRP Ledger now hosts 373 tokenized real-world assets, with a distributed asset value of $368.82 million. Stablecoins remain an important part of the ecosystem, with stablecoin market capitalization reaching $901.4 million.
Ripple's investments in infrastructure firms ZILO and Licuido are likely contributing to this growth. The company announced strategic investments in these firms just days ago, aiming to expand the XRP Ledger's institutional capabilities. Tokenization on XRPL is growing faster than attention toward spot XRP exchange-traded funds (ETFs), according to data from Evernorth.
The value of tokenized assets on XRPL has climbed to around $4.3 billion, with spot XRP ETFs attracting about $1.5 billion in cumulative net inflows since launching in November 2025. Ripple's strategy is positioning the XRP Ledger as more than a payments network, and the company is building it into infrastructure for institutional tokenization.