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![thecryptobasic Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1221786728379404288.png) TheCryptoBasic [@thecryptobasic](/creator/twitter/thecryptobasic) on x 73.5K followers
Created: 2025-07-09 14:32:37 UTC

Meanwhile, Hougan highlighted a few promising developments in the tokenization sector over the last month, one of which is the $XXX million tokenization plan on the XRP Ledger. For context, Mercado Bitcoin, a prominent Latin American crypto exchange, announced on July X that it would tokenize $XXX million in RWAs on the XRP Ledger, including fixed and equity income instruments.

Additionally, Robinhood and Kraken launched tokenized stock trading platforms, building on Ethereum’s Arbitrum and the Solana network, respectively. With these platforms open only to non-US users, Coinbase filed a request with the US Securities and Exchange Commission to allow Americans access to tokenized stocks.

Interestingly, the prospect that Coinbase’s petition will gain approval ticked up when US SEC Chair Paul Atkins branded tokenization “a significant innovation.” He made this remark in a recent media interview, emphasizing the Commission’s commitment to advancing tokenization in the American marketplace.


XXXXX engagements

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**Related Topics**
[latin](/topic/latin)
[mercado bitcoin](/topic/mercado-bitcoin)
[ledger](/topic/ledger)
[promising](/topic/promising)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/thecryptobasic/status/1942955054119387336)