Cointime

Cointime

Download App
iOS & Android
Home / Projects

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.

Ripple RWA
Comments

All Comments

Recommended for you

  • Tether: Deutsche Bank’s analysis lacks clarity and substantive evidence

    According to a report on stablecoins released on May 7, Deutsche Bank analyzed 334 currencies linked to stablecoins and found that 49% of stablecoins had failed during their median lifespan of about eight to ten years. The analysts concluded that most anchored assets in the cryptocurrency field will experience significant "turbulence" caused by speculative sentiment and ultimately suffer some form of decoupling event. Deutsche Bank analysts also pointed out that Tether's reserve transparency was lacking and described the company's solvency as "doubtful".

  • MakerDAO: DAI supply increased by $1 billion in the past two months

    MakerDAO stated on X platform that the supply of DAI increased from $4.4 billion to $5.4 billion within 60 days. In addition to the growth in supply, DAI set a new record in April with on-chain transaction volume reaching $636.72 billion. The Dai Savings Rate (DSR) also showed positive momentum, steadily increasing over the past few months with total deposits exceeding $2 billion last week.

  • US SEC submits final response in Ripple case relief phase

    Ripple Labs and the US SEC have made new progress in their legal battle, with the SEC submitting its final reply in the remedies phase of the lawsuit. In response to the recent brief on remedies, the SEC questioned Ripple's claim that the blockchain startup's behavior was not reckless, despite the court previously rejecting this "fair notice" defense, but Ripple's legal status should not have "broad uncertainty". The SEC also questioned whether Ripple might maintain its original position in the future, although Ripple has not violated any rules since the XRP lawsuit was launched in 2020. According to the remedy brief, Ripple attempted to downplay its responsibility while emphasizing its cooperation with the SEC since the XRP ICO in 2013. However, the SEC emphasized that under the law, even if Ripple has not engaged in any violations since 2020, the next violation is still expected to be possible. (Cointelegraph)

  • Jack Dorsey's Blockchain plans to raise $1.5 billion through senior notes issuance

    Jack Dorsey's financial technology company, Block (formerly known as Square), announced on May 6th that it plans to issue $1.5 billion in preferred notes to qualified institutional investors through private placement.

  • LayerZero: Working with Nansen and others to write a Sybil Detection Report

    LayerZero Labs announced that it has been working with Chaos Labs and Nansen to compile a witch detection report. They will consider the total weighted transactions of each user in all LayerZero applications to ensure consistency between TGE, developers, and long-term users. The report will be released after the deadline for self-reporting witches.

  • German state-owned development bank KfW plans to issue blockchain digital bonds with a minimum size of 100 million euros

    Germany's state-owned development bank Kredittanstalt fuer Wiederaufbau (KfW) plans to issue a blockchain digital bond with a minimum size of 100 million euros. Insiders revealed that the bond is expected to mature on December 31, 2025. KfW is reportedly in discussions with European institutional investors during the preparation phase over the next few weeks to allow investors time to become familiar with the transaction. The transaction is expected to be completed in the summer.

  • LayerZero co-founder: "Self-reporting of witch activities" is not aimed at individuals, but at industrial witch studios

    Bryan Pellegrino, co-founder and CEO of LayerZero, stated on social media that the "Self-Report Sybil Activity" is not targeting individual users, but rather large industrial witch farms (studios).Earlier, LayerZero Labs launched the "Self-Report Sybil Activity" plan, which allows witch addresses to self-report related addresses on a designated page and receive an expected allocation of 15%, without answering any questions. The deadline is May 17th, 19:59:59.

  • Suspected MakerDAO multi-signature wallet deposited 750 MKR to Binance 2 hours ago

    According to Spot On Chain monitoring, MakerDAO has been depositing MKR into CEX. Two hours ago, the multi-signature wallet 0xbba (possibly MakerDAO) deposited 750 MKR (approximately $2.19 million) at an average price of $2920 to Binance.

  • ZeroLend will open ZERO airdrop claims on Linea at 15:30 on May 6th, and will take a snapshot closer to TGE

    On May 6th, ZeroLend, a decentralized lending protocol, announced that ZERO airdrop claiming will be opened on Linea at 15:30 on May 6th, and ZERO trading will be opened at 16:00. The Zero Gravity points and earlyZERO (1 earlyZERO = 1 ZERO) accumulated by users will be automatically converted to ZERO and displayed on the reward page. In terms of airdrop distribution, ZeroLend will distribute 18% of the token supply to the community, of which 5% will be allocated to Zero Gravity participants and 13% will be allocated to earlyZERO holders. ZeroLend stated that a snapshot will be taken near TGE. ZERO stakers will receive voting rights, staking rewards, and potential future airdrops based on their voting power. If staked for more than 1 year, a staking bonus of 5%-20% can be obtained.

  • CMO of RWA Finance, Hakan Sezikli will appear at the Web3 Summit in Dubai

    According to Cointime, on March 22nd, RWA Finance CMO Hakan confirmed his attendance at the Web3 Summit series taking place in Dubai. The event is co-hosted by Web3 Summit, BlockNews, LBank Labs, RWA Finance, METASTONE GROUP, Cointime, BIKA Global, and L7. Hakan currently serves as the CMO of RWA Finance, responsible for the international market expansion and brand marketing of RWA Finance and its RWAS token. He is an experienced cryptocurrency marketer and was a co-founder of Tiger DAO Venture, leading operations of Web3 projects like Match Chain and ThePASS. RWA Finance is a revolutionary blockchain platform that is innovating the issuance and trading of Real World Assets (RWA). RWAS has creatively proposed a "meta-asset cross-chain bridge," which provides efficient connection opportunities for multi-dimensional assets such as stocks, bonds, commodities, and cryptocurrencies and offers asset allocation solutions for RWAs to users.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company