China-based Linklogis partners with XRP Ledger to transform global supply chain finance
Chinese fintech company Linklogis has announced a partnership with the XRP Ledger (XRPL) to digitize global supply chain finance, according to a recent statement.
The move will see Linklogis deploy its trade finance application on XRPL’s mainnet, a step aimed at scaling blockchain adoption for cross-border settlements.
The collaboration is designed to unlock faster circulation of digital assets tied to international trade flows. Linklogis intends to simplify settlement for exporters, importers, and financiers by linking its financial infrastructure with XRPL.
Beyond the initial rollout, both sides have committed to developing new products on XRPL.
These include stablecoin-based settlement systems and smart contract platforms that can bring supply chain real-world assets (RWAs) into tokenized form.
Linklogis also signaled that it will explore using artificial intelligence with blockchain to improve trade finance efficiency.
According to the firm, its “Go Early” and “Go Deep” business programs processed more than RMB 20.7 billion (about $2.8 billion) in cross-border assets last year. By anchoring those flows to XRPL, Linklogis aims to extend efficiency and transparency across global supply chains.
XRPL’s expanding RWA footprint
The integration comes as XRPL accelerates its adoption across RWA sectors.
Data from RWA.xyz shows the network’s tokenized RWA volume climbed 22.81% in the past month, reaching roughly $305.8 million. That growth has positioned XRPL as the ninth-largest blockchain by RWA value, supported by its expanding roster of enterprise partners.
Notably, XRPL’s recent global partnerships highlight its growing relevance in tokenization.
The Dubai Land Department adopted the ledger to power its real estate tokenization program earlier this year in May. A month later, RWA platform Ondo Finance launched tokenized US Treasuries on the network.
Momentum has also spread to Latin America. Brazilian securitization firm VERT issued a 700 million real ($130 million) Agribusiness Receivables Certificate on XRPL through a blockchain-based private credit platform.
Around the same time, exchange Mercado Bitcoin disclosed plans to tokenize more than $200 million in fixed-income and equity products on the ledger.
The post China-based Linklogis partners with XRP Ledger to transform global supply chain finance appeared first on CryptoSlate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
When France and Germany pay for their deficits, fiscal discipline becomes the "moat" of the UK bond market; investors are positioning in advance for a rebound in gilt bonds.
Investors are betting that the new UK Chancellor, Healey, will uphold fiscal discipline and are purchasing gilts in advance. A smooth and steady budget plan is expected to turn the UK from a "risk" in the bond market into a "positive."
Anthropic's $2 Trillion IPO Faces Doubts: Risks of Mismatched Computing Commitments and Revenue
The independent institution New Constructs reported that the Anthropic IPO is absurd, with a valuation of only 150 billion. The main controversy lies in the mismatch between long-term computing power commitments and clients' short-term on-demand procurement models, coupled with macroeconomic headwinds and early investor sell-off pressure, leading to increased market volatility.
Anthropic allocates 5% of shares to set up a fund before IPO, Musk calls for direct distribution to the public
Anthropic announced the establishment of a public welfare fund, initially allocating 5% of its shares. When the company's valuation increases by 50%, another 2% will be added. The aim is to address the impact of AI on employment. Musk suggested directly distributing shares to the public.
AI Stocks Struggle to Rebound: Lacking Three Major Supports, July’s Rally Hard to Replicate
JPMorgan pointed out that due to the absence of ETF bargain-hunting funds, limited room for short covering, and the early termination of the $40 billion buyback by Samsung and SK Hynix, the rebound strength of AI stocks in October may not match that of July. The resurgence of leverage risk could intensify volatility.
Crypto prices
More
