XRP Ledger's RWA Assets Surge to $4.18B, Up 28x in One Year

XRP1.80%
RWA0.29%
JPM1.76%
MA0.31%
ONDO2.98%
According to Evernorth research, tokenized real-world assets (RWA) on the XRP Ledger reached $4.18 billion last month, up from approximately $147 million a year earlier, representing a 28x surge. The growth is driven by institutional-grade products including energy-backed commodity tokens, tokenized diamonds, senior credit instruments, and USD liquidity funds. On May 6, JPMorgan Chase, Mastercard, Ondo Finance, and Ripple executed a live cross-border redemption of a tokenized U.S. Treasury fund, with settlement completing in under five seconds.
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