XRPL Tactical Adjustment Discussed by Ripple Executive in Singapore: Revealed Details

In Singapore, the XRP Ledger (XRPL) is making a significant impact in the tokenization of real-world assets (RWAs), particularly in the real estate and equities sectors. This growth is driven by Ripple's ongoing developments and increasing institutional adoption, as well as the progressive regulatory frameworks established by the Monetary Authority of Singapore (MAS).

MAS's Project Guardian initiative, which supports faster, energy-efficient tokenization with settlement times around 3–5 seconds, has been instrumental in this shift. The project has moved from pilot projects to real institutional implementations, with MAS authorising XRPL for commercial asset tokenization. Major financial players like DBS and JPMorgan have tokenized $100 million in commercial real estate, reducing settlement times by 40% and costs by about 25%.

The XRP Ledger's native features, such as a built-in decentralized exchange (DEX), automated market maker (AMM), and standards like XLS-30 and XLS-65, make it well-suited for RWA tokenization and institutional adoption. Ripple is also actively contributing to the XRPL ecosystem by advancing core protocol development and partnering with institutional partners to build on XRPL.

Singapore's emergence as a hub for digital asset innovation is partly due to MAS's supportive regulatory environment. The regulatory body has authorized Ripple's subsidiaries, including holding a Major Payment Institution license, which provides legitimacy and attracts capital flow in Asia.

The broader Asia-Pacific region is also witnessing a surge in the tokenization of assets, including bonds, equities, and other assets. This shift improves settlement finality, transparency, secondary market availability, and cross-border payment efficiency, all central to capital markets infrastructure. The growing institutional appetite is driven by the operational and compliance advantages XRPL is providing.

While other blockchains like Ethereum also see increasing tokenized assets activity, Singapore’s MAS-backed XRPL initiatives offer superior settlement speed, low cost, and energy efficiency, positioning XRPL prominently for RWA tokenization locally and regionally.

In a recent interview, Ripple's Vice President and Managing Director for APAC, Fiona Murray, discussed the advancement of XRPL in relation to the rising tokenization momentum. Murray highlighted that technologies addressing compliance and security challenges are helping institutions adopt XRPL more confidently as tokenization gains traction.

The total value of tokenized real-world assets is projected to reach almost $19 trillion by 2033, with tokenized client assets such as real estate and equities expected to reach $3.7 trillion and $2 trillion, respectively. XRPL is strategically positioned in this growing ecosystem, with strong institutional pilots, regulatory approval, and unique technical capabilities underpinning its impact on tokenizing real-world assets.

[1] MAS Press Release: Project Guardian: MAS and industry partners launch the first commercial asset tokenisation on the XRP Ledger (XRPL) (https://www.mas.gov.sg/-/media/MAS/Newsroom/Press-releases/2021/Project-Guardian-MAS-and-industry-partners-launch-the-first-commercial-asset-tokenisation-on-the-XRPL.pdf)

[2] Ripple's Official X-Account Tweet: A monumental step forward for #XRPL in #Singapore as MAS and DBS Bank tokenize $100 million in commercial real estate on XRP Ledger (https://twitter.com/Ripple/status/1446065918904576001)

[3] Coindesk Article: Singapore's MAS Puts XRP Ledger to the Test for Commercial Real Estate Tokenization (https://www.coindesk.com/policy/2021/09/29/singapores-mas-puts-xrp-ledger-to-the-test-for-commercial-real-estate-tokenization/)

[4] Finews Asia Article: Ripple's XRP Ledger gains traction for real-world asset tokenization in Singapore (https://www.finews.asia/articles/5440577-ripple-xrp-ledger-gains-traction-for-real-world-asset-tokenization-in-singapore)

[5] MAS White Paper: Project Guardian: A Cross-border Digital Asset Market Infrastructure for Singapore (https://www.mas.gov.sg/-/media/MAS/Newsroom/Research-and-Publications/White-Papers/Project-Guardian-A-Cross-border-Digital-Asset-Market-Infrastructure-for-Singapore.pdf)

XRPL Tactical Adjustment Discussed by Ripple Executive in Singapore: Revealed Details