Ripple President Monica Long: XRP Ledger Hits ‘Light Switch’ Moment as Institutional Adoption AcceleratesXRP Ledger adoption is entering a new phase as institutional finance shifts from blockchain pilots toward the practical use of tokenized funds and other real-world assets. Ripple President Monica Long says the change is particularly visible on the XRP Ledger (XRPL), where financial institutions are beginning to use tokenized assets rather than simply testing the technology. Monica Long says institutional finance is shifting from tokenized-asset pilots to live production, with funds and liquidity products actively used on the XRP Ledger. XRP Ledger and the 24/7 Capital Markets ModelLong’s comments also point toward a broader shift in how institutional markets operate. The XRP Ledger already hosts tokenized financial products, while Ripple continues to add services around issuance, custody, settlement, and liquidity.