Charles Schwab’s backing of the U.S. Clarity Act has brought fresh attention to cryptocurrencies like XRP, XLM, and HBAR as promising candidates for institutional tokenization. This move signals that major financial players are pushing for clearer regulations before integrating tokenized assets into mainstream trading.
Institutional Demand for Clear Rules
Levi Rietveld, a well-known crypto commentator, highlights Schwab’s stance alongside other giants such as BlackRock, Fidelity, Goldman Sachs, and Bank of America. These institutions are not explicitly endorsing specific tokens but are advocating for legislation to establish a regulated framework for tokenized stocks, funds, and real-world assets.
The commentary suggests that such regulatory clarity could lay the groundwork for demand in networks that handle payments, settlements, and tokenized assets, potentially benefiting XRP, XLM, and HBAR.
Tokenization and Market Infrastructure
A key part of this thesis involves the Depository Trust & Clearing Corporation (DTCC). XLM has been mentioned as connecting with a DTCC tokenization service, while Ripple’s XRP is seen as aligning closely with traditional financial rails through initiatives like Ripple Prime and tokenization working groups.
HBAR, in partnership with Ondo, is also featured in discussions around real-world asset tokenization, especially with BlackRock's involvement in related projects. This points to a growing role for public blockchains in facilitating tokenized funds and assets.
The backdrop includes notable shifts in conventional finance, such as $7.1 billion in weekly outflows from U.S. investment-grade corporate bond funds the largest since the 2020 pandemic alongside rising oil prices, which may further influence institutional interest in blockchain tokenization.
This material is informational and does not constitute financial advice.
