Zoniqx, a leader in digital asset management, has entered into a strategic alliance with Ripple, a renowned provider of enterprise blockchain and crypto solutions. Together, they intend to advance asset tokenization on the XRP Ledger (XRPL) by seamlessly integrating Zoniqx’s advanced tokenization as a service (TPaaS) platform and tokenization lifecycle management (TALM) solutions with XRPL’s robust infrastructure. This collaboration represents an important milestone in the development of digital asset management. By joining forces, Zoniqx and Ripple aim to redefine industry standards and make asset tokenization more accessible in the digital asset market.
Zoniqx and Ripple strategically leverage the fast, secure and cost-effective XRP Ledger (XRPL) blockchain infrastructure to enable multi-asset tokenization. Leveraging the power of XRPL, the integration aims to simplify the process of tokenizing real assets, increasing its efficiency, accessibility and liquidity in the digital asset market. Using the XRPL infrastructure, Zoniqx and Ripple are making asset tokenization more inclusive and accessible to a wider range of participants.
The integration between Zoniqx and XRPL offers a number of benefits for both token issuers and users. Token issuers can ensure compliance with local regulations, access liquidity options, and use a user-friendly interface to tokenize assets. For users of the XRPL platform, the integration provides improved accessibility and liquidity in the digital asset market.
Image: Enterprise Talk
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