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Guggenheim Bets Big on Blockchain: XRP Ledger to Tokenize Debt in Wall Street’s Latest Crypto Pivot

Guggenheim Bets Big on Blockchain: XRP Ledger to Tokenize Debt in Wall Street’s Latest Crypto Pivot

Author:
CryptotimesIO
Published:
2025-06-10 12:31:08
20
1

Wall Street meets Web3—again. Guggenheim Partners just tapped Ripple’s XRP Ledger to digitize debt instruments, proving even traditional finance can’t ignore blockchain’s efficiency gains. Because nothing says ''innovation'' like repackaging old assets with new tech.

The move signals institutional appetite for tokenization, though cynics might note it’s easier to slap a blockchain label on debt than to actually decentralize finance. XRP’s ledger gets a credibility boost while bankers get their usual cut—just with extra steps.

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