Ondo Finance Launches Tokenised Treasuries On XRPL
The gates are open and the flood is about to happen. Tokenisation of Real World Assets (RWA) has moved from the theoretical to reality. Ondo has launched tokenised U.S. treasuries on the XRP Ledger. This is available to only qualified investors of course, not commoners like you ore me.
Interestingly enough, JP Morgan also tested a transaction publicly recently, related to tokenised U.S. treasuries. Someone left me an interesting comment highlighting the apparently sudden panic in TradFi to tokenise these treasuries and how they are in imminent danger of collapse world-wide, beginning with Japan.
I'm not an economist so I can't say what's going to happen one way or the other. All I can see is a lot of utility coming to the XRP Ledger, which is a dream scenario for XRP holders.
Peace & Love,
Adé