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XRP Ledger Tops $4 Billion in Tokenized Assets as Ripple Secures EU MiCA License

The milestone gives Ripple passporting across the EEA and strengthens institutional use of XRPL for tokenized treasury and fast settlement products.

Overview

  • Tokenized real‑world assets on the XRP Ledger have jumped to roughly $4 billion across more than 500 products, a rise from about $150 million a year earlier.
  • Spot XRP ETFs have recorded eight straight weeks of net inflows totaling about $1.47–$1.49 billion, supplying liquidity that overlaps with tokenization activity.
  • Major firms reported a cross‑border tokenized treasury settlement on XRPL that settled in roughly four seconds, highlighting production use of the network for payments and treasury flows.
  • Ripple received a Crypto‑Asset Service Provider license from Luxembourg’s CSSF that enables passporting across the 27 EEA states and clears regulatory hurdles for European rollout.
  • Analysts say protocol changes such as MPTokensV1 and large institutional issuers helped drive the surge but warn that concentrated holders and $2.3–$2.4 billion of futures open interest leave price moves vulnerable to derivatives volatility.