$280M Diamond Inventory Tokenized on #xrp Ledger in Dubai
Billiton Diamond and Ctrl Alt have tokenized $280 million worth of diamond inventory in Dubai using the $XRP Ledger. The initiative leverages Ripple’s custody technology to securely issue and transfer diamond-backed tokens.
XRP
1.4481
+6.00%
The project is currently awaiting approval from Dubai’s Virtual Assets Regulatory Authority, highlighting the growing adoption of the XRP Ledger for real-world asset tokenization.