Linklogis, a Chinese fintech firm, has unveiled a collaboration with the XRP Ledger (XRPL) to digitize global supply chain finance, as reported in a recent announcement.
This initiative will enable Linklogis to launch its trade finance application on XRPL’s mainnet, a move aimed at enhancing blockchain adoption for international settlements.
The partnership is designed to facilitate quicker circulation of digital assets related to global trade. Linklogis aims to streamline settlements for exporters, importers, and financiers by connecting its financial infrastructure with XRPL.
In addition to the initial implementation, both parties are committed to creating new products on XRPL.
These products include stablecoin-based settlement systems and smart contract platforms that can convert real-world supply chain assets into tokenized forms.
Linklogis also indicated its plans to investigate the use of artificial intelligence alongside blockchain to enhance the efficiency of trade finance.
According to the company, its “Go Early” and “Go Deep” business programs processed over RMB 20.7 billion (approximately $2.8 billion) in cross-border assets last year. By leveraging those flows on XRPL, Linklogis aims to improve efficiency and transparency throughout global supply chains.
XRPL’s growing RWA presence
This integration comes as XRPL accelerates its adoption within RWA sectors.
Data from RWA.xyz indicates that the network’s tokenized RWA volume increased by 22.81% in the past month, reaching about $305.8 million. This growth has established XRPL as the ninth-largest blockchain by RWA value, aided by its expanding network of enterprise partners.
Significantly, XRPL’s recent global partnerships underscore its rising significance in tokenization.
Earlier this year, in May, the Dubai Land Department adopted the ledger to drive its real estate tokenization initiative. A month later, RWA platform Ondo Finance launched tokenized US Treasuries on the network.
The momentum has also reached Latin America. Brazilian securitization firm VERT issued a 700 million real ($130 million) Agribusiness Receivables Certificate on XRPL using a blockchain-driven private credit platform.
Around the same time, exchange Mercado Bitcoin announced plans to tokenize over $200 million in fixed-income and equity products on the ledger.
