Ripple (XRPUSD)

[europa7]

SEC Commissioner Mark Uyeda Praises Tokenization
https://beincrypto.com/sec-commissioner-mark-uyeda-praises-tokenization/

"...Uyeda identified tokenization as a key technological advancement with the potential to enhance market efficiency. Tokenization involves converting asset rights into digital tokens on a blockchain. This process promises greater security, transparency, and immutability in transactions. It could also reduce the need for intermediaries, further lowering transaction costs.

However, Uyeda stressed the importance of regulators understanding the costs, benefits, and risks associated with tokenization. He referenced the UK Financial Conduct Authority’s (FCA) ongoing efforts to explore tokenization for FCA-authorized funds. The FCA’s detailed research and interim reports provide a valuable blueprint for other regulators considering similar steps.

The FCA’s approach underlines the necessity for thorough research and cautious implementation to protect investors while fostering innovation. Uyeda emphasized the importance of global regulatory cooperation in navigating the challenges posed by emerging technologies..."

DLA Piper working with Archax as it becomes first FCA regulated digital securities exchange
https://www.dlapiper.com/es-pr/news/2020/08/dla-piper-archax-fca-regulated-digital-securities-exchange

Ripple and Archax Partner on Tokenization of Real-World Assets
https://www.pymnts.com/partnerships/2024/ripple-and-archax-partner-on-tokenization-of-real-world-assets/

Ripple Collaborates with Archax to Bring Hundreds of Millions of Dollars of Tokenized Real-World Assets to the XRP Ledger
https://archax.com/insights/ripple-collaborates-with-archax-to-bring-hundreds-of-millions-of-dollars-of-tokenized-real-world-assets-to-the-xrp-ledger

interesting...