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Ripple CTO announces XRPL’s move into real-world asset tokenization

Ripple's Chief Technology Officer David Schwartz announced that XRP Ledger (XRPL) is entering the world of asset tokenization. Schwartz expressed satisfaction with shifting the focus from XRP to the underlying technology of XRPL, while acknowledging XRP's role in trading and investment. Schwartz also emphasized the more interesting technical aspects of the ledger. Additionally, Schwartz pointed out the unique position of XRPL in the blockchain field as the first layer blockchain not derived from Bitcoin technology. Since its inception in the early 2010s, it has maintained this advantage.

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