By Vince • April 18, 2024 10:55 pm •
The Vice President of RippleX is eyeing what he believes to be a $16 trillion market that has yet to be penetrated.
Asset tokenization is the new frontier for cryptocurrencies and blockchain technology, with estimates ranging that real-world asset tokenization can draw anywhere from $4-$20 trillion in market inflows.
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Markus Infanger, Vice President of RippleX, believes that Ripple Labs can effectively capture an estimated $16 trillion market, or at least a generous portion of it. Infanger told Coin Telegraph:
“We have a custody arm, a payments arm, and our contributions to the XRP Ledger.
The combination is a holistic digital asset infrastructure value proposition for traditional finance and developers who want to solve DeFi problems.”
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