Diamond Deal Pushes XRP Ledger RWA Value to Record $1.96 Billion

Edgen Crypto

·Feb 27 2026, 13:54

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Key Takeaways

The XRP Ledger (XRPL) has achieved a new milestone in the tokenization of real-world assets (RWAs), with its total value reaching nearly $2 billion. This growth was driven by a significant deal involving the tokenization of diamonds, highlighting the network's expanding utility beyond digital payments.

New Record: The total value of tokenized RWAs on the XRP Ledger hit a record $1.96 billion on February 27, 2026.
Key Driver: The increase was propelled by a major diamond tokenization deal executed by Ripple-backed company Ctrl Alt.
Strategic Positioning: This event strengthens XRPL's role as a key competitor in the burgeoning market for real-world asset tokenization.

Diamond Tokenization Lifts XRPL RWA Value to $1.96 Billion

The value of tokenized real-world assets (RWAs) on the XRP Ledger reached a record $1.96 billion on February 27, 2026. This new high was achieved after Ripple-backed firm Ctrl Alt finalized a significant deal to tokenize diamonds on the network. The transaction marks a major step in expanding the use cases for the XRPL, demonstrating its capability to handle high-value physical assets.

XRPL Cements Role in Expanding RWA Market

This development positions the XRP Ledger as a formidable competitor in the rapidly growing RWA sector. By providing the infrastructure for tokenizing tangible assets like diamonds, XRPL moves to prove its utility beyond cross-border payments, its traditional stronghold. This successful, high-value implementation could attract further development and institutional investment into the XRPL ecosystem, as projects seek efficient and secure ledgers for asset tokenization. The event serves as a strong proof-of-concept that may positively influence the valuation of the native XRP token by showcasing a clear and tangible application.