Stats from RWA.xyz shed more light on how $XRP Ledger's leadership is constructed:
- 89% of commodities RWA market on XRPL is guaranteed by just one big asset, JMWH by Justoken
- Institutional players choose the "$XRP network" because of calculation speeds of 3–5 seconds and the freshly deployed multi-purpose token standard
How one energy deal brought billions for $XRP Ledger
The key driver behind the tokenization breakthrough is JMWH fund by Justoken platform worth $2.23 billion. It represents tokenized contracts on electroenergy generation in Latin America, structured within Argentine and UK legal fields. At the moment there are 172 holders of this on-chain fund.
Apart from this, other tokenized commodities on the $XRP Ledger look slightly modest. Generally they are presented with a retail collection of tokenized diamonds from Ctrl Alt with the biggest position estimated at $105 million. The Justoken contract is so massive that it is the biggest real-world asset overall in the $XRP-based ecosystem, making the Ripple USD (RLUSD) stablecoin and tokenized bonds by Ondo Finance yield to it as well with $896 million and $185 million respectively.
Without Justoken, the $XRP Ledger would be just 5th in the segment ranking. Nevertheless, two months are left in 2026, and the blockchain platform continues to headline the tokenized commodities market, making its success one of the most notable industry breakthroughs of the year.