Chinese fintech company Linklogis has announced a partnership with the XRP Ledger (XRPL) to digitize the global supply chain financing, according to a recent rack.
In the relocation, Linklogis is deployed his trade financing application on the Mainstje of XRPL, a step focused on scaling up blockchain acceptance for cross-border settlements.
The collaboration is designed to unlock a faster circulation of digital assets associated with international trade flows. Linklogis plans to simplify the settlement for exporters, importers and financiers by linking its financial infrastructure to XRPL.
In addition to the first rollout, both parties have a member of developing new products on XRPL.
These include stablecoin-based settlement systems and smart contract platforms that can shape Supply Chain Real-World Assets (RWAS) in Tokenized.
Linklogis also indicated that it will investigate using artificial intelligence with blockchain to improve the efficiency of trade financing.
According to the company, the business programs “Go Early” and “Go Deep” processed more than RMB 20.7 billion (about $ 2.8 billion) in cross -border assets last year. By anchoring these flows to Xrpl, Linklogis wants to expand efficiency and transparency over global supply chains.
XRPL’s growing RWA -footprint
The integration comes as XRPL its acceptance accelerates in RWA sectors.
Facts Van Rwa.xyz shows the tokenized RWA volume of the network that has risen by 22.81% in the past month and reached around $ 305.8 million. XRPL has positioned this growth as the ninth largest blockchain by RWA value, supported by the growing schedule of Enterprise Partners.
The recent worldwide partnerships of XRPL in particular emphasize the growing relevance in Tokenization.
The Dubai Land Department has adopted the ledger to provide its real estate agentization program earlier this year in May. A month later, RWA platform launched ONDO Finance American treasuries on the network.
Momentum also spread to Latin -America. Brazilian securitization company Vert has issued a 700 million real ($ 130 million) Agribusiness progress on XRPL via a blockchain-based private credit platform.
Around the same time, Exchange Mercado Bitcoin plans revealed to Tokenize more than $ 200 million in products with fixed interest and shares.
