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FXRonin
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🚨 BREAKING: $280M WORTH OF DIAMONDS TOKENIZED ON XRP LEDGER
A major real-world asset (RWA) milestone just landed. Billiton Diamond and tokenization platform Ctrl Alt have successfully tokenized $280 million worth of polished diamonds in the UAE, using Ripple custody infrastructure and the XRP Ledger (XRPL).
💎 Why this is massive:
• The diamonds are being converted into blockchain-based digital ownership units (tokenized assets).
• Ripple’s custody tech secures the physical-to-digital asset backing.
• XRPL provides the blockchain infrastructure enabling fractional ownership and faster settlement.
📊 What Tokenization Means Here
Instead of one entity owning entire high-value diamonds, blockchain tokens represent ownership shares tied to real physical assets.
That allows: 🔹 Fractional ownership of luxury physical assets 🔹 Faster global trading of illiquid commodities 🔹 Improved transparency + traceability 🔹 Institutional access to previously hard-to-trade assets
🌍 Why UAE Is Becoming the RWA Capital
The UAE has been aggressively pushing tokenized real-world assets:
• Regulatory support + crypto-friendly frameworks • Strong capital inflows and institutional adoption • Previous tokenization projects already used XRPL for regulated fractional asset ownership initiatives
These moves position the region as a global sandbox for merging traditional assets with blockchain finance.
📉 Why Markets Are Watching
This is bigger than diamonds — it signals:
• Institutional trust in blockchain custody solutions • Expansion of tokenization beyond bonds, funds, and real estate • Rising competition between blockchains to dominate the RWA sector • Proof that blockchain is moving from speculation → infrastructure
🔥 Crypto isn’t just tokenizing coins anymore. It’s tokenizing real wealth.
And now… even diamonds are going on-chain.
💬 • “Diamonds are forever… now they’re also on-chain.”