The XRPL’s Role in Bridging Traditional Finance Through Asset Tokenization

Tokenization converts ownership rights into digital tokens on a blockchain. Take a treasury bill. You can create a digital version that lives on XRPL, and suddenly that asset can be traded 24/7, divided into smaller pieces, and settled in seconds instead of days.

The XRPL has some features that make it attractive to banks and financial institutions. Multi-signature accounts, compliance tools, native liquidity pools. The appeal is that these organizations don't have to rip out their existing systems. They can plug the XRP Ledger into what they already have.