Rich by Coin

On December 30, on-chain data shows the tokenization of real-world assets on the XRP Ledger climbed 23-fold this year, surpassing $500 million. The XRPL’s real-world asset tokenization value stood at about $24.681 million as of January. Within that, RLUSD accounted for about $19.60 million, while OpenEden’s TBILL Vault contributed roughly $5 million. Growth accelerated after Montis Group Limited, under Archax, introduced assets valued at $55.35 million, driving the expansion.

By February 1, XRPL’s total real-world asset tokenization value had risen to about $101.669 million, with Montis Group Limited taking a majority share. In April, RLUSD rose to $94 million, lifting the overall total beyond $200 million. Following RLUSD growth, OpenEden TBILL Vault, Ondo’s short‑term U.S. treasury fund, and Aberdeen Investments’ U.S. dollar fund joined in, expanding the asset base quickly. The total value tokenized on XRPL reached about $567.89 million.

Compared with the start of the year, that marks a 2,200% increase. RLUSD accounted for about $293.93 million, or 51%, of the total. Open Eden TBILL Vault stood at about $61.458 million, Montis around $55.239 million, and Banza Group’s USDB at roughly $44.134 million. Circle’s USDC on XRPL remained around $0.937 million by June.

Analysts note XRPL remains a late entrant among rival networks for non-stable assets, and excluding stablecoins, XRPL’s value sits at about $210.3 million, ranking ninth behind Ethereum, BNB Chain, Stellar, Solana, and Polygon. Net inflows over the past 60 days totaled about $72 million, while Ethereum and Polygon saw outflows of about $84 million and $629 million, respectively.