• Ripple and SUPER HOW? team up to develop a secure tokenized securities trading and settlement system, powered by the XRP Ledger.
• The Axiology project seeks to test and issue transformative digital assets, such as CBDCs and stablecoins.
• This innovative collaboration is in line with the EU’s DLT Pilot Regime Regulation, providing a real-world use case for CBDCs.
Ripple Joins Forces with SUPER HOW?
Ripple has announced an exciting collaboration with SUPER HOW?, a private blockchain technology research lab based in Lithuania. This dynamic partnership aims to bolster regulators’ confidence in the safety and security of digital assets, including central bank digital currencies (CBDCs) and stablecoins, through the development of a tokenized securities trading and settlement system (DLT TSS).
EU Regulatory Vision Embraced by Axiology’s CEO
The core of this project lies within its DLT TSS infrastructure built on the powerful XRP Ledger technology. Dr. Marius Jurgilas, CEO of Axiology, strongly advocates for the European Union’s vision for a progressive regulatory environment in the retail capital market and crypto economy, positioning his company at the forefront of this movement. This innovative collaboration provides an opportunity to deliver tangible real-world applications for tokenization and digital assets that contribute to the XRPL ecosystem’s growth.
SUPER HOW? Enhances Partnership Potential
SUPER HOW? brings its expertise in central bank digital currency projects to enhance the potential of this groundbreaking partnership between Ripple and Axiology. Through their efforts, they seek to build upon existing EU initiatives while developing a regulatory-compliant infrastructure that is compliant with their DLT Pilot Regime Regulation. The result will be multiple layers of capital market infrastructures operating on a single technology layer—opening up new business models, process efficiencies, and invaluable synergies within finance markets worldwide.
Ripple Expresses Delight in Working With SUPER HOW?
Ripple expresses delight in working with Axiology and SUPER HOW?, further solidifying their commitment to delivering real-world use cases for CBDCs through this transformative project. By enabling multiple layers of current capital market infrastructures to coexist on one technology layer—tokenized securities trading and settlement infrastructure—Axiology sparks new business models, process efficiencies, and invaluable synergies across financial markets worldwide.
The Future Looks Bright For CBDCs
This cutting-edge partnership between Ripple, SUPER HOW?, and Axiology promises great things for central bank digital currencies (CBDCs) in terms of both security regulation compliance as well as innovation opportunities within financial markets around the globe!