Canary Capital CEO: “XRP is the crypto asset that will lead the era of real-world asset tokenization”

XRP is expected to play an important role in the tokenization of real-world assets (RWA·Real World Asset).

According to crypto-focused outlet The Crypto Basic on the 16th (local time), Steven McClurg, CEO of Canary Capital, said on a podcast that “developments around the XRP Ledger over the past two years have fundamentally changed institutional investors’ perceptions.” Specifically, he noted, “In the past we merely kept an eye on XRP, but the situation changed as Ripple successfully integrated the XRP Ledger into mainstream financial infrastructure,” adding that “XRP has emerged as the leading token for real-world asset tokenization.”

McClurg pointed to the fact that the XRP Ledger is already being used for transfers of stablecoins (crypto assets whose value is pegged to fiat currency) and tokenized real-world assets as a key strength. “While many blockchain networks remain in the experimental stage, the XRP Ledger is processing real financial transactions,” he said, explaining that “real-world financial use cases—not speculative applications—are drawing institutions’ attention.”