Aviva Investors has launched a tokenized share class of its US Dollar Liquidity Fund on the XRP Ledger, marking its first tokenized fund product. The Central Bank of Ireland approved this new share class, allowing eligible investors to access the fund via digital wallets while BNY Mellon holds the underlying assets. This move leverages a "digital twin" structure where fund holdings are represented on the blockchain without moving the actual securities. The launch enhances efficiency and client outcomes, with Ripple supporting the blockchain infrastructure as part of a broader institutional strategy.
XRP's price is breaking out of a descending triangle pattern, with a potential rally target of $1.60 if it sustains above $1.38. This breakout is supported by increased bullish activity, including a rise in leveraged trading volume and positive signa...
The upcoming US Senate vote on the CLARITY Act, which aims to clarify regulatory authority over cryptocurrencies, threatens a $9.46 million short squeeze in XRP if the price rises just 5% to $1.4644. Currently trading around $1.40, XRP is near a tech...
XRP is maintaining its key support level around $1.30 following a strong rally in August, indicating the recent price correction has not turned bearish. The cryptocurrency is trading near $1.38, with buyers defending the $1.30-$1.35 zone and preventi...
Bitcoin climbed nearly 2% to over $78,000 as the broader cryptocurrency market advanced, defying losses in technology stocks and rising oil prices. Ether and XRP also saw notable gains, while traditional markets like Nasdaq futures and gold declined....
The XRP Ledger processed a record 3,254 transactions in a single block, marking a new high as XRP's price rose nearly 4%. Most transactions were small XRP payments, likely part of a throughput test, according to XRPL validator Vet. Unlike Bitcoin's f...
