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Institutional investors, asset managers and banks are racing to bring financial assets on-chain in a market that is estimated to grow to $16 trillion in value.
RippleX (CRYPTO: XRP) Senior Vice President, Markus Infanger, predicts that the tokenized asset market could surge to an impressive $16 trillion as traditional finance firms are
The token will need to compete with stablecoins from Tether and Circle, which already secure about 90% of the market.
Ripple developmental arm (RippleX) has entered a partnership with Zoniqx, a tokenization firm based in Silicon Valley.
Ripple’s integration with Axelar Network has garnered praise from Ripple executives, which includes President Monica Long and RippleX SVP Markus Infanger.…