CandleFocus ELYSIA Brings RWA Tokenization to XRP Ledger With TBILL Tokens
2024-12-13
Author: Content Editor
ELYSIA, a real-world asset (RWA) tokenization firm, plans to launch US Treasury Bills (TBILL tokens) on the XRP Ledger blockchain network. Users will be able to stake XRP to receive TBILL tokens and earn yield from the asset. This move aims to combine decentralized finance (DeFi) and traditional finance (TradFi). The launch, in collaboration with Infiniteblock, will be the first RWA project on the XRP Ledger in South Korea. ELYSIA also offers products involving Ripple's stablecoin RLUSD. XRP currently trades at $2.34, down 3.64% in the past 24 hours. The Relative Strength Index (RSI) suggests sideways movement in the short term before an upward trend resumes.
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