Guggenheim Doubles Down on Blockchain—Taps Ripple’s XRPL for Tokenized Commercial Paper Play
Wall Street meets Web3 as Guggenheim leverages Ripple’s XRPL to digitize yet another slice of the traditional finance pie. Because nothing says ''innovation'' like repackaging debt with blockchain glitter.
The move signals growing institutional comfort with tokenization—even if it’s just automating paperwork Wall Street’s been doing for decades. XRPL’s speed and low costs beat out clunky legacy systems, but let’s see how long before regulators start asking uncomfortable questions.
Another small step for crypto adoption, another giant leap for financial intermediaries pretending they’re disruptors. The revolution will be tokenized—and heavily collateralized.