Summary
- Ripple announced that the tokenization market is expected to grow to $18.9 trillion by 2033.
- Ripple described tokenization as a digital representation of assets and a next-generation alternative to financial systems.
- Currently, XRP is trading at $1.8501, down 10.18% from the previous day, on the Binance Tether (USDT) market.
Ripple (XRP) announced on the 7th (local time) via X (formerly Twitter) that the tokenization market size is expected to grow to $18.9 trillion by 2033.
Ripple explained, "Tokenization is a way of digitally representing assets such as real estate, stocks, and art," and described it as "a next-generation alternative to the slow and cumbersome financial systems we currently have."
Meanwhile, XRP is trading at $1.8501, down 10.18% from the previous day, based on the Binance Tether (USDT) market as of 02:57 on the 8th.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
