Brad Garlinghouse Ripple CEO Predicts Significant Growth in RWA Tokenization Through Archax Partnership

Ripple and Archax have joined forces to introduce a significant amount of tokenized real-world assets (RWAs) onto the XRP Ledger (XRPL) in the coming year, valued at hundreds of millions of dollars.
The XRPL is well-suited for RWA tokenization and institutional-grade decentralized finance (DeFi) due to its dependable, efficient, and feature-rich nature.
Ripple has been actively involved in the tokenization of real-world assets, with a recent collaboration with Archax, a regulated digital asset firm authorized by the UK’s Financial Conduct Authority.
The partnership aims to transfer a substantial sum of tokenized RWAs onto the XRPL, positioning it as a leading blockchain for RWA tokenization. Ripple’s CEO, Brad Garlinghouse, expressed his enthusiasm for the collaboration.
Archax, a key player in enabling financial institutions to tokenize RWAs, has announced a new partnership with Ripple. This collaboration will enable financial institutions to leverage the XRPL for RWA tokenization, opening up various applications for these assets.
This agreement signifies a significant progression in the relationship between Ripple and Archax, which began in 2022 with Archax’s partnership with Metaco for digital asset custody services. Ripple’s acquisition of Metaco in mid-2023 further solidified the partnership.
The XRPL offers features like tokenization, a decentralized exchange, and compliance tools, making it a robust platform for financial institutions. Markus Infanger, SVP of RippleX, commented on the development:
“We are witnessing the beginning of a major adoption phase in which blockchain technology will provide real utility in financial markets on a large scale. Ripple is thrilled to see Archax’s vision of promoting blockchain and digital asset technology adoption among financial institutions materialize, further establishing the XRPL as a leading blockchain for RWA tokenization.”
Enhancing RWA tokenization on the XRPL, Ripple and Archax are utilizing their shared compliance-first approach to advance the integration of crypto and blockchain technology into global financial infrastructure. Archax is uniquely positioned to offer clients the benefits of DeFi through RWA tokenization, supported by the capabilities of the XRPL.
The XRPL’s proven reliability and efficiency make it a solid foundation for RWA tokenization and institutional-grade DeFi. Key features include an Automated Market Maker (AMM) already live on the XRPL, and upcoming functionalities like Decentralized Identifiers (DID), Multi-Purpose Tokens (MPT), a Lending Protocol, and Oracles.
Since 2012, the XRPL has supported over 1,000 projects, processing more than 2.8 billion transactions without any failures or security breaches. It currently maintains over 5 million active wallets and a network of over 120 validators.
Both companies actively engage with regulators and policymakers globally to maximize the benefits of blockchain technology for the global financial system. This collaboration highlights the XRPL’s strength and potential in facilitating secure, efficient, and compliant RWA tokenization and DeFi solutions.