XRPL-News: Whiterock, with $ 71 million, a brilliant start to the securities tokide
- Whiterock has just introduced its service for the tokenization of securities in the XRPL-MINNET.
- As of March 26, the company has already managed over $ 71 million of tokenized assets.
WhiteRock After the introduction of the tokenization of securities, has started new offers in the XRPL-MINNET. So far, the company manages over $ 71 million of tokenized assets and is therefore a leading force in the introduction of blockchain for institutions.
Function of the service
According to the official announcement that Whiterock made on Twitter (X) this week, his new system is integrated directly with the XRPL-MINNET. This integration can be handled transactions in just 3-5 seconds. In addition, institutional customers can act on the blockchain’s tokenized versions of traditional securities such as stocks, bonds and raw materials.
Even better: a clear token is assigned to every security, and users can set up lines of trust in order to keep them safely.
Our XRP Ledger integration has officially deployed, starting with $70M in TVL from our whitelist commitments.
That makes us the largest protocol on the XRP Ledger by @Ripple.
Full announcement
pic.twitter.com/mRUXQyJwlJ
— WhiteRock (@WhiteRock_Fi) March 26, 2025
The process runs through the regulated broker of the platform, which ensures that all business meet the compliance requirements. As soon as a trade is carried out, a corresponding token is immediately and seamlessly shaped on XRPL.
Whiterock manages bonds worth $ 28.6 million, shares worth $ 24.9 million and raw materials worth $ 18.2 million. This allocation shows that Whiterock is able to address institutional investors who are looking for an engagement in fixed -interest securities and raw materials via blockchain.
Process and technical infrastructure
So how does the whole thing work? According to the Annoying blog post from Whiterock establishes its platform a direct connection to the XRPL. It then uses the platform-owned token emission function to create unique tokens for each asset.
At the beginning, an order gives up an order over the Whiterock broker. After that, the broker carries out the trade in the traditional markets and a corresponding token is shaped on the XRPL. The token is then immediately transferred to the customer’s XRPL address, and further business can be carried out directly on XRPL with real-time T0 processing.
Thanks to this seamlessness, Whiterock can offer the best of traditional and cryptoba -based functions. In the future, Whiterock would like to expand its offer through the tokenization of further asset classes. The company also works on the automation of the whitelisting process to simplify onboarding.
Whiterock already manages token assets worth $ 71 million and proves that blockchain has a place in the institutional financial world. The company now closes the gap between traditional markets and decentralized technology – for a future that is more transparent and accessible to everyone.
As CNF reported, XRP supporter has recently drawn attention to an article on X, in which the XRPL infrastructure was discussed. The article indicated that the network has problems and has to be improved. According to the Wrathofkahneman, the article underlines the effects of the wallet integration on XRP market dynamics.
Despite these concerns, the successful start of Whiterock in the XRPL main network and its $ 71 million of tokenized assets show the growing attractiveness of the network. This persistent acceptance strengthens the role of blockchain in modern finance.
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