TechFlow reports that digital asset management service provider Zoniqx (formerly Tassets) has partnered with Ripple to integrate its tokenization solutions with the XRP Ledger (XRPL)'s scalable infrastructure.
The collaboration aims to streamline the tokenization of real-world assets (RWA) on XRPL, reducing costs, improving efficiency, and enhancing accessibility and liquidity.
Zoniqx's Tokenization Platform as a Service (TPaaS) ensures compliance with local jurisdictional regulations through its Dynamic Interoperable Compliant Security Token standard (DyCIST), while also providing liquidity options. Users can create accounts on XRPL, complete KYC verification, and conduct purchases, thereby improving accessibility and liquidity within the digital asset market.
