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Mercado Bitcoin Shakes Up Finance: $200M Real-World Asset Tokenization Lands on XRP Ledger
Mercado Bitcoin Shakes Up Finance: $200M Real-World Asset Tokenization Lands on XRP Ledger
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Latin America's biggest crypto exchange just made Wall Street's paperwork-heavy asset managers look obsolete—with a single blockchain move.
Breaking the mold: Mercado Bitcoin announced today it's tokenizing $200 million worth of real-world assets (RWAs) on the XRP Ledger. No middlemen, no legacy banking delays—just pure crypto efficiency.
Why this matters: While traditional finance still struggles with T+2 settlement, this deployment proves institutional-grade assets can live on-chain. The XRP Ledger's speed and low costs beat traditional rails at their own game.
Bonus jab: Somewhere in New York, a hedge fund manager just paid $50,000 in fees to move half this amount through a 1980s-era SWIFT transfer. Progress hurts.
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