Posts

Showing posts with the label market projection

Ripple Projects $19 Trillion in Tokenized Value, XRP To Get a Boost

Image
XRP could get a massive boost in the charts as Ripple Labs recently published a report estimating the value of tokenized assets to reach $19 trillion as institutional adoption accelerates. Institutions are looking to tokenize gold, equities, real estate, and treasuries, among others, and Ripple is the first point of contact. The fintech firm is already providing services to global banks and institutions, revolutionizing the blockchain industry. Also Read: Ripple XRP ETF Odds Now at 88% After SEC Lawsuit Conclusion Ripple Projects Tokenized Assets to Reach $19 Trillion in Value, XRP to Gain Source: fingerlakes1.com Ripple Labs has projected the overall tokenized value to reach $19 trillion by 2033 and is bullish on XRP. The report states that the real estate sector could top $3.7 trillion in tokenized assets. In addition, equities could also bring in $2 trillion through tokenization, making a major shift in the financial sector. “By 2033, the overall value of tokenized real-world a...