The XRP Ledger has expanded its role as a hub for tokenized real-world assets by hosting $2.2 billion in tokenized electricity through JMWH, an energy-linked token issued by Buenos Aires-based Justoken. Each JMWH token represents one megawatt-hour of electricity, with tokens minted against energy contracts and burned upon consumption, creating a direct on-chain record from production to use.
This development marks a significant expansion of XRPL's capabilities beyond financial instruments to include physical commodities. The ledger now hosts $3.57 billion in represented asset value, a 71.47% increase in the past 30 days, highlighting the rapid growth of asset tokenization on the network. The introduction of tokenized electricity is expected to drive further demand for ledger capacity and XRP reserves as more issuers and brokers participate.
XRPL Hosts $2.2 Billion in Tokenized Electricity via JMWH
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