Tokenized Gold Set to Launch on XRP Ledger with Ripple Partnership

Tokenized gold is gaining interest in the XRP community, as XRPL developers highlight its readiness for 24/7 access, quick transfers, and integration with automated market makers. Meld Gold's partnership with Ripple in June 2024 led to the launch of gold and silver tokens backed by physical metal.

Tokenized Metals on XRPL

  • Phil Kwok and other advocates see tokenized metals changing XRP use cases on the ledger.
  • Technical features like constant availability and DeFi tool links support this transition.
  • Lending and escrow features could enhance the utility of tokenized metals.

Market Demand and Incentives

  • Paxos and Tether's management of tokenized metals shows existing investor demand.
  • Pano Mekras suggests that economic incentives are needed to attract large firms to the XRPL.

Market Reaction

  • XRP’s price rose above $2 in January 2026 but later settled near $2 after a 14% pullback.
  • Institutional inflows and profit-taking were noted; however, these moves are not directly linked to tokenized metals.

Implications for XRPL

  • The arrival of more tokenized metal products could expand XRPL's use beyond payments.
  • Transaction volume might increase, facilitating new DeFi tools.
  • Custody, audits, and regulatory clarity are crucial for broader adoption.