XRP Investors May Be Awaiting the Confirmation of Ripple's Next Move

Following the end of one of the most important legal cases in cryptocurrency history, XRP investors may be awaiting the confirmation of Ripple's next move

Following the end of one of the most important legal cases in cryptocurrency history, XRP investors may be awaiting the confirmation of Ripple’s next move, now as a more unrestrained and less pressured DeFi powerhouse.

Recently, Ripple Labs shared an article discussing the benefits of crypto custody. In it, the company reaffirms its leading position in the DeFi custody market.

Ripple Believes in a $16 Trillion Market For Crypto Custody

Ripple’s vision for the tokenized future is ambitious yet captivating—by 2030, the company foresees that 10% of global assets will become tokenized. In that visionary scenario, assets like gold, stock, bonds, real estate, and even intellectual property such as patents and copyright could become “tokenized”.

Everyone always talks about the “cryptocurrency revolution”. As far as that goes, a world with tokenized assets can be considered a major step towards that goal. In that world, traditionally illiquid assets like real estate or fine art could be divisible into tokens, making them not only more liquid but accessible.

Blockchain technology further amplifies the benefits of tokenization by eliminating the inefficiencies of traditional systems. It removes the need for intermediaries, lengthy paperwork, and complex bureaucratic processes, enabling faster, more transparent transactions.

For instance, imagine tokenizing a piece of real estate—a process that once required piles of documents and weeks of back-and-forth with intermediaries. Now, blockchain streamlines this into a simple and secure transaction, all backed by an immutable digital ledger, in this case, the XRP Ledger.

According to Chainalysis, the total value of cryptocurrency transactions reached an impressive $24 trillion in 2022. Out of this sum, approximately $15 trillion can be attributed to mixers and privacy coins, highlighting the significant role of these tools in facilitating confidential transactions.

Considering this vast scale of transactions and the potential for even broader adoption of tokenized assets, it’s no surprise that institutions are increasingly investing in crypto custody solutions to safeguard these valuable digital assets.

Ripple predicts that by 2030, 10% of the world’s assets will be tokenized, presenting a potential $16 trillion market. This forecast is rooted in the expanding role of tokenization across industries like finance, real estate, and intellectual property.

What Could Be XRP’s Role In Ripple Custody?

XRP’s utility is not limited to traditional payments—it has the potential to serve as the backbone for liquidity and settlement across a variety of tokenized assets. Just as XRP facilitates transactions involving RLUSD on the XRP Ledger, the same logic can extend to other tokenized assets like real estate, stocks, or intellectual property.

By acting as a universal bridge currency, XRP eliminates the friction involved in exchanging value between tokenized assets and fiat currencies, enabling a seamless, cross-border marketplace.