November 5, 2024
Zoniqx’s CBO Sanjeev Birari Attends Ripple Swell 2024, Announces $1 Billion Tokenized Equity and Debt Fund on XRP Ledger

Ripple Swell 2024 brought together industry leaders, financial giants, and blockchain experts in Miami to witness the remarkable event, which provided a window into the future of digital assets. Among the highlights was an exclusive interview with Zoniqx CBO, Sanjeev Birari, who talked about Zoniqx's increasing investments in tokenization of real world assets and made some interesting announcements for Zoniqx and the XRP Ledger community.

One of the most significant announcements at Ripple Swell was the partnership between Zoniqx and Aurum Equity Partners. Together, they will launch a $1 billion tokenized equity and debt fund on the XRP Ledger, marking a transformative step in asset tokenization. The fund will focus on investments in data centers across the U.S., UAE, Saudi Arabia, India, and Europe, emphasizing infrastructure and growth within the digital economy.

This achievement underscores Zoniqx’s unwavering resolve in enhancing tokenization at a global level and hints at the growing trust in XRP Ledger’s capacity to facilitate large scale, institutional investments.

Here are some excerpts from the interview. Watch the full video here.

Ray: Ladies and gentlemen. We're here at Ripple Swell, Miami. The 2024 conference, the conference of the year. I've got to my left here, Sanjeev Birari, the chief business officer of Zoniqx. They are leading the tokenization of real world assets. Specifically, is it real estate?

Sanjeev: We are asset agnostic. So we do real estate. We do T-bills. We do carbon credits. So we are asset agnostic.  

Ray: And that's because you guys are the infrastructure.

Sanjeev: That's right. Yeah. We actually build a platform for anyone to use the real world assets to tokenize on any chain.

Ray: Yes, I've had the pleasure of interviewing you on my YouTube channel. Real quick, before I let you go cause I know you're a busy man. How has this conference been? Any key takeaways? Any key comments? Who's the coolest guy that you met here?

Sanjeev: Swell is always the coolest, actually, this is my second Swell. Ripple does a fantastic job in putting all this together, especially their huge ecosystem. When they come together, it's always fun to interact with them, share our experiences, because we are building something really unique on XRP and we love the community, we love the kind of ecosystem that they have built. And yeah, Brad is always cool, right? So that's what it is.

Ray: We all know Brad is the coolest. Is there anything that you're hoping to gain while you're here before you take off?

Sanjeev: Yeah, we had some really good announcements with XRP Ledger coming on soon, so I was here to discuss with them. Very excited to see their whole RWA strategy, how it unfolds, and how Zoniqx is going to be a key part in this whole journey of XRP, to put real world asset tokenization on XRP Ledger.

Ray: Last question. What are the types of people that are attending this?

Sanjeev: I've been seeing a lot of institutions as well. I met the Bank of America, I met the Bank of Tokyo. So I think there are a lot of institutional players that are coming in and I think this is a good sign because RWA tokenization, it's not only crypto specific, but it's more of an institution specific Ripple Swell, I would say.

Ray: Yeah. That's great to hear, Sanjeev, I appreciate you sharing your time with me. I hope you have a great rest of your day and stay at the Fayena Hotel. It's beautiful. And so are you, sir. Thank you so much.

Connect with Zoniqx

For financial institutions interested in exploring or enhancing their capabilities in blockchain and tokenization, Zoniqx offers a powerful and versatile suite of solutions that streamline the tokenization process. You can tokenize any asset, and Zoniqx offers a secure, compliant, and interoperable solution tailored to meet your needs. To learn more about how Zoniqx can help your organization unlock the potential of tokenized assets, or to discuss potential partnerships and collaborations, please visit our contact page 👉 https://www.zoniqx.com/contact.