Elysia Launches XRP Ledger-Based U.S. Treasury Product, Accelerating Tokenization of Real Assets

Real-time asset (RWA) tokenization protocol Elysia will launch an XRP Ledger-based U.S. Treasury note (TBILL) tokenized product on the 18th.
The product is the first tokenized example of a U.S. Treasury bond introduced on the XRP Ledger, and is the latest in a series of tokens developed by the XRP Ledger that has supported the connection between digital assets and real assets.
Developed with stability and reliability in mind, the XRP Ledger is a platform that features low transaction fees, fast processing speeds, and excellent scalability, providing the infrastructure for real asset tokenization.
In particular, it is a decentralized Layer 1 blockchain that has been operating steadily for the past 10 years, and is gaining popularity among global users who value sustainability through its environmentally friendly design.
Elysia provides an XRP ledger-based DeFi protocol to allow XRP holders to easily access the TBILL product. Users can
You can connect your XRP wallet or use a custodian wallet that has a VASP (Virtual Asset Service Provider) license to make transactions.
The product is designed to allow users with no prior experience of virtual assets to easily invest in virtual assets. The product will be developed by actively leveraging the various participants in the XRP ledger and an efficient tokenization infrastructure.
This will demonstrate the efficiency and reliability of the XRP ledger to global users and demonstrate the potential of real asset tokenization.
TBILL products are based on U.S. Treasury bonds, which are regarded as the safest and most reliable financial products in the world, and guarantee stability to users.
At the same time, it provides the innovation of blockchain technology. Starting with the XRP ledger-based TBILL product, Elysia will tokenize various assets such as government bonds, real estate, and accounts receivable,
In the future, they plan to introduce a stablecoin pegged to the US dollar, Ripple USD (RLUSD), to enhance stability.
Elysia said, "Once RLUSD is commercialized, we will fully develop various RWA products based on it.
"We plan to expand our tokenization portfolio to various assets such as real estate and trade finance, and to use blockchain technology to provide a wider range of financial opportunities to global investors," the company said.
"We want to accelerate the integration of traditional finance and present a new paradigm to the global financial market," he said.