XRP Ledger Lands a Power Player as Guggenheim Tokenizes Treasuries

XRP (XRP-USD) just got another major vote of confidence—from deep inside Wall Street. Guggenheim Partners, the $300 billion asset manager, is officially rolling out a tokenized Treasury product on the XRP Ledger. It’s a move that fuses traditional finance with Ripple’s crypto rails and signals that real-world asset (RWA) tokenization isn’t just a trend—it’s a transformation in motion.

XRP Ledger Lands a Wall Street Giant

Guggenheim Treasury Services, a subsidiary of the investment powerhouse, will launch a short-term fixed-income commercial paper product—fully backed by U.S. Treasuries—directly on the XRP Ledger. Maturities go up to 397 days, and Ripple is putting real skin in the game with a $10 million investment to anchor the product.

The deal also positions Ripple’s stablecoin, RLUSD, as a potential on-ramp for institutions to access the instrument. According to RippleX exec Markus Infanger, RLUSD could be used to purchase the product, further embedding Ripple’s ecosystem into Wall Street’s bond desk.

What This Means for XRP Holders

Let’s be clear: this isn’t a hypothetical partnership. This is a regulated financial product, backed by U.S. government debt, issued on-chain—on XRP Ledger. And that’s a big deal.

While XRP’s price remains volatile, the Ripple ecosystem is being embedded into the foundations of institutional finance. This isn’t about hype—it’s about infrastructure. The same rails that move U.S. Treasuries could soon be moving stablecoins, payments, and even securities.

XRP isn’t just a speculative asset anymore—it’s becoming the backbone for a growing segment of real-world finance.

Ripple Drives Tokenized Debt Integration

This isn’t Ripple’s first move into tokenized finance. Its RLUSD stablecoin—already circulating over $350 million—now operates across both Ethereum and XRP Ledger. With this Guggenheim collaboration, Ripple is betting on RLUSD to compete with giants like USDC and USDT in the high-end institutional game.

And the broader context matters. Wall Street is in a tokenization race. BlackRock’s (BLK) BUIDL, Franklin Templeton’s (BEN) OnChain Fund, and Fidelity’s Treasury funds are already moving billions in tokenized dollars. But most of those are built on Ethereum. Ripple just inserted XRP Ledger into that elite circle.

Why Guggenheim Chose XRP Ledger

Back in September 2024, Guggenheim quietly tested tokenization with a $20 million offering on Ethereum. But choosing XRP Ledger for this $10 million follow-up isn’t random—it’s strategic. XRP Ledger offers fast settlement, cheap fees, and native token support without requiring smart contracts for basic functions. In other words: enterprise-ready rails.

This may open the door for more debt issuance, structured products, and fixed income instruments to flow through XRP’s rails.

XRP Joins the Race to Tokenize Trillions in Treasuries

Over $7 billion in U.S. Treasuries have already been tokenized across platforms like Ethereum, Avalanche, Stellar, and Algorand. XRP Ledger joining that club cements its place in the RWA conversation.

In a world where bonds are going on-chain, blockchains that facilitate these transactions without friction or high cost will win. This Guggenheim deal puts XRP squarely in that race—alongside Ethereum and Solana.

Jump Crypto is backing Securitize, the tokenization engine behind BlackRock’s BUIDL. Now Ripple is moving into the same space, and for XRP, the payoff might not come from retail FOMO, but from deep institutional pipelines.

At the time of writing, XRP is sitting at $2.24.