Tokentus CEO Says XRP Is His Biggest Crypto Holding, Backs XRPL and Stellar for Tokenization Boom

Tokentus Investment CEO Oliver Michel has revealed that $XRP represents his largest personal and corporate crypto holding.
Michel made the disclosure during a recent appearance on DER AKTIONÄR TV, where he discussed the long-term role of $XRP and $XLM in global asset tokenization, particularly in relation to the Depository Trust & Clearing Corporation (DTCC).
Key Points
Oliver Michel disclosed that $XRP and $XLM represent his two largest cryptocurrency holdings.
Michel noted that both assets rank as top allocations in his personal portfolio as well as in the holdings of Tokentus Investment AG.
The Tokentus CEO argued that the financial sector is adopting a multi-chain approach to blockchain tokenization, highlighting a DTCC-related patent document that referenced Ripple’s DLT infrastructure and Stellar’s blockchain network.
Both the $XRP Ledger and Stellar ecosystems continue to expand their footprint in the real-world asset (RWA) market, with billions of dollars in tokenized asset value associated with the two networks.
Tokentus CEO Names $XRP and $XLM as Biggest Crypto Holdings
Notably, Tokentus Investment CEO Oliver Michel openly disclosed his exposure to $XRP and $XLM. He stated that $XRP remains his largest holding, while $XLM ranks as his second-largest position both personally and within Tokentus Investment AG’s portfolio.
“[…] $XRP is my biggest position. And $XLM is also my second-biggest,” Michel said.
He further explained that the allocation reflects not only his personal conviction but also Tokentus’ broader investment strategy.
DTCC Cites Stellar and Ripple DLT System in Patent Tokenization Document
Meanwhile, Michel stressed that the financial industry is adopting a multi-chain blockchain strategy for tokenization-related initiatives. To support his argument, he referenced a DTCC-related patent document that reportedly mentioned both the $XRP Ledger and Stellar blockchain infrastructure.
For context, the patent document, titled Systems, Methods, and Storage Media for Managing Digital Liquidity Tokens in a Distributed Ledger Platform, was published in March 2025. The document referenced “Ripple’s DLT system” and Stellar’s blockchain as part of an example tokenization transaction.
Commenting on the development, Michel suggested that many investors may have underestimated its significance. According to him, discussions within the $XRP community often focus heavily on price speculation rather than the broader implications of infrastructure adoption.
He also compared the $XRP and $XLM communities, suggesting that the two ecosystems share similarities, particularly in the enthusiasm of their younger supporter bases.
$XRP and $XLM Positioned to Benefit From Global Tokenization: Michel
Further, Michel expressed strong confidence that nearly everything will eventually become tokenized. In his view, tokenization will fundamentally reshape global finance, while XRPL and Stellar remain among the blockchain networks best positioned to benefit from the transition.
His remarks came shortly after the DTCC announced a partnership with the Stellar Development Foundation (SDF) to tokenize digital assets held in its custody, valued at more than $100 trillion, on the Stellar network.
The initiative, which is expected to launch in the first half of 2027, aims to give traditional investors easier access to leveraging conventional financial assets within a digital ecosystem.
Stellar and XRPL RWA Tokenization Activity
At the same time, both the XRPL and Stellar networks continue to gain traction in tokenized real-world asset (RWA) initiatives. Currently, XRPL ranks third by represented asset value, with approximately $3.7 billion across 293 tokenized assets, according to data from rwa.xyz. Meanwhile, Stellar ranks seventh, with 24 tokenized assets valued at roughly $579 million.
However, Stellar currently leads XRPL in the Distributed RWA League Table, boasting 43 tokenized RWAs valued at $2.2 billion. In comparison, XRPL holds 19 tokenized assets with a combined valuation of about $384 million.