Ripple Pushes Financial Institutions Toward a Tokenized Future

Ripple's Monica Long has a message for the financial world: adapt to the new era of tokenized assets or risk being swept aside.

President of Ripple Monica Long is urging financial institutions to adapt to a new era of tokenized assets, or risk being swept aside.

In a post for the company's blog, Long is urging banks and institutions to embrace the momentum building behind blockchain-based asset digitization.

As the global financial system stands at a crossroads, backed by insights from a joint study between Ripple and Boston Consulting Group, Long says tokenizing physical and financial assets—turning them into digital representations on blockchain—could transform how value moves across markets.

The study estimates this sector could balloon to $18.9 trillion by 2033.

The core argument is that tokenization isn't just a buzzword—it's a revenue and efficiency opportunity for institutions that act early.

From lowering operational costs to expanding into new digital markets, Long believes tokenized platforms could provide traditional banks with the competitive edge they need to stay relevant.

"Institutions can unlock significant value by leveraging these platforms to mint, manage and service tokenized assets in a secure and efficient manner," says Long.

At the same time, Ripple's XRP Ledger, known for its rapid and cost-effective transaction processing, has already been positioned as a foundation for tokenized asset flows.

Meanwhile, Ripple's RLUSD stablecoin, which operates on both the XRP Ledger and Ethereum networks, gives users a dollar-pegged asset that can be transferred globally without a bank account.

Brad Garlinghouse, CEO of Ripple, adds that tokenization is a major unlock for modern finance.

"Digitized versions of real-world assets can make wealth more accessible, more liquid and easier to manage," says Garlinghouse.

The report Ripple co-authored with BCG predicts trillions in tokenizable assets, from real estate to global trade finance.

To further this vision, Ripple has integrated its RLUSD stablecoin into its payment infrastructure, aiming to make the transition from traditional to digital smoother for institutions and individuals.

As tokenized finance shifts from concept to implementation, Ripple is positioning itself at the heart of this transformation.