Foreign media report that Securitize estimates the total value of assets globally that could be migrated to on-chain infrastructure may reach $400 trillion. The article suggests this figure is more indicative of market potential; what truly matters is that institutions have already begun issuing and managing traditional financial products such as funds and notes on blockchain.
Securitize has participated in on-chain funds.
Securitize currently serves BlackRock’s BUIDL fund and VanEck’s VBILL, both regarded as early examples of traditional financial products being tokenized on-chain. The article concludes that asset tokenization has shifted from conceptual discussion to infrastructure development.
Recently, discussions around the potential integration between Securitize and the XRP Ledger (XRPL) have intensified, drawing increased attention to XRPL’s role in this narrative. The article positions XRPL as a high-performance settlement network well-suited for tokenized real-world assets and stable-value instruments, including Ripple’s regulated stablecoin, RLUSD.
XRPL is considered suitable as a settlement layer.
The article argues that if tokenized funds issued through Securitize were to integrate with the XRPL liquidity system in the future, the primary beneficiary would be settlement efficiency, as tokenized assets, beyond issuance, require low-cost, fast, and stable settlement channels—features that XRPL is specifically designed to provide through rapid confirmation and low transaction costs.
In addition to settlement, the article identifies liquidity connectivity as another potential advantage. If tokenized funds, RLUSD, and digital assets such as XRP can circulate within the same system, friction between traditional capital markets and crypto-native liquidity could decrease, and fund transfer pathways may become more direct.
Institutional migration remains a long-term process.
The article also notes that tokenization will not lead to a large-scale migration in the short term. Amy Oldenburg, Head of Digital Assets at Morgan Stanley, previously described it as a decade-long process, suggesting that institutional adoption is more likely to progress in stages rather than occur in a single concentrated surge.
The article also notes that competition in this space is not easy, as the Ethereum ecosystem and bank-dominated permissioned networks are also vying for institutional tokenization business. Whether XRPL can gain market share depends on whether its advantages in speed, cost, and payment integration can be translated into real business traffic.
Overall, the article suggests that the $4 million trillion figure is not a short-term achievable scale, but rather an indication that global financial markets are gradually migrating toward tokenized infrastructure. In this process, XRPL aims to position itself not only as a network for crypto assets but also as one of the settlement layers for real-world assets and stablecoins.