クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

Ripple Takes Asia By Storm With New XRP Product, Here Are The Recent Developments

Ripple is again breaking into the Asia market with a new XRP product, which would help drive institutional adoption. This move has been made in partnership with HashKey Capital, which launched this fund in order to expand institutional access to the altcoin. 

Ripple Invests In HashKey’s XRP Product

In an X post, Hashkey Capital announced that it is launching Asia’s first XRP Tracker Fund with Ripple as an early investor.  The asset manager noted that this move represents a significant step in expanding institutional access to XRP. 

The firm further stated that it chose XRP because the altcoin is at the forefront of cross-border payments, thanks to Ripple’s payment services, and enables faster, cheaper, and more efficient transactions than traditional systems, such as SWIFT. XRP is also enabling the tokenization of Real World Assets (RWAs) on its native blockchain, the XRP Ledger (XRPL). HashKey added that financial institutions and enterprises worldwide are already using XRP. 

The asset manager also noted that the XRP Tracker Fund is its third tracker fund, following its Bitcoin and Ethereum exchange-traded funds (ETFs). The firm also raised the possibility of converting the fund into an ETF within the next one to two years, subject to regulatory approval. This move will further broaden institutional access. 

Beyond the XRP Tracker Fund, HashKey Capital and Ripple are also partnering to explore new investment products, cross-border DeFi solutions, and tokenization. This includes the potential launch of a money market fund (MMF) on the XRPL. 

Meanwhile, for the tracker fund, Ripple will seed the initial investment. Hashkey stated that with Ripple as an anchor investor, this fund marks a “deepening collaboration” between two leaders in the blockchain space. The asset manager reaffirmed that the goal is to bring more institutional capital into regulated XRP products and the broader digital asset ecosystem. 

Ripple continues to make moves to boost XRP’s adoption. The crypto firm recently agreed to acquire prime broker Hidden Road for $1.25 billion, one of the largest deals in crypto history. Through this acquisition, the crypto firm aims to boost XRP and the RLUSD’s utility as it looks to make its mark in both the traditional finance (TradFi) and decentralized finance (DeFi) space. 

XRP Could Allegedly Play A Major Role in The Federal Reserve’s Plans

In an X post, crypto commentator CryptoGeek alleged that the Federal Reserve has officially hinted that they may use XRP to power the blockchain component of their FedNow payment system. CryptoGeek added that this has come following multiple rumored meetings with Ripple. However, the Fed has yet to make any official statement on this development. 

Ripple will undoubtedly continue to make progress with getting financial institutions, especially US banks, to adopt its payment service, which XRP facilitates. The crypto firm is nearly in the clear with its lawsuit against the US SEC, as the court recently granted a joint motion to pause the appeal case while they finalize their settlement. As such, with the long-running legal battle almost out of the way, these institutions will be more inclined to partner with Ripple. 

XRP price chart from TradingView.com (Ripple)


コメント

コメントを残す

メールアドレスが公開されることはありません。 ※ が付いている欄は必須項目です

最新フィード

人気カテゴリー

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (458) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty(暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (74) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (74) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (6) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress(米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク