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XRP News: SEC Opens AMM Door for Tokenized Stocks as XRPL Already Has the Tech
The US Securities and Exchange Commission has opened the door for automated market makers, or AMMs, in tokenized stocks, while the XRP Ledger already has the technology. XRPL lending proposals XLS-65 and XLS-66 are in validator voting and need sustained 80% support.
Published:
Updated:
What happened
The US Securities and Exchange Commission has opened the door for automated market makers, or AMMs, in tokenized stocks, while the XRP Ledger already has the technology. XRPL lending proposals XLS-65 and XLS-66 are in validator voting and need sustained 80% support.
Confirmed
Global impact / market context
If the XRP Ledger supports tokenized stocks and lending, companies could raise money and investors could trade digital shares more easily. However, the lending proposals are not yet approved and have no set launch date, so any new services remain uncertain for now.
Analyst inference
The SEC's AMM move suggests regulators may allow more tokenized stock trading, which could draw capital into blockchain markets. XRP and DeFi assets, meaning decentralized finance tokens, might benefit if the XRPL lending proposals pass and attract users.
Analyst inference
What to watch
- XRPL lending proposals XLS-65 and XLS-66 need sustained 80% validator support to advance, which means most validators must keep voting yes for the proposals to move forward. Confirmed
- If approved, the XRPL lending proposals could enable borrowing and lending services on the network, but they currently have no confirmed Mainnet launch date according to the article. Proposed
- Investors may watch whether the SEC's AMM door leads to more tokenized stock trading on blockchains, which could increase demand for XRP and DeFi assets if the XRPL technology is used. Analyst inference
Affected assets
- XRP — XRP
- DEFI — DeFi