XRP Ledger Set to Tokenize Billions of Dollars in UK Gold Reserves
Ripple's XRP Ledger has made significant strides in tokenizing gold, a trend that gained momentum in 2026. According to recent developments, thousands of ounces of real gold will be tokenized on the XRP Ledger following a landmark move by the UK's Financial Conduct Authority (FCA). This move marks a major push for tokenized gold in the UK.
The magnitude of this development is substantial, with Assetiko deploying approximately 1,524 authentic ounces of gold to gather an XRP-based reserve worth $3.08 million. If the UK chooses the XRP Ledger for its gold tokenization plans, the potential value could reach billions of dollars.
Ripple's cozy relationship with the UK is a key factor in this development. The company has received both an Electronic Money Institution license and a Cryptoasset Registration from the FCA, allowing it to scale its payments operations across the UK.