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.
As president of Ripple, she’s urging banks and institutions to embrace the momentum building behind blockchain-based asset digitization.
Long described the global financial system as standing at a crossroads. Backed by insights from a joint study between Ripple and Boston Consulting Group, she emphasized that 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? 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.
Ripple, of course, isn’t just observing this shift—it’s building for it. The XRP Ledger, known for its rapid and cost-effective transaction processing, has already been positioned as a foundation for tokenized asset flows. At the same time, 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, Ripple’s CEO, also echoed the importance of tokenization, calling it a major unlock for modern finance. In his view, digitized versions of real-world assets can make wealth more accessible, more liquid, and easier to manage.
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 alike.
With tokenized finance moving from concept to implementation, Ripple is positioning itself at the heart of this transformation—and it’s urging the financial establishment to keep up.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
