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BlackRock adds XRP to portfolio, boosting institutional crypto tokenization amid Ripple partnership.

Market News
14 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

BlackRock has expanded its digital asset portfolio by adding XRP, following previous investments in Bitcoin and Ethereum. This move aligns with BlackRock's strategy to invest in high-volume transaction assets rather than speculative ones. The partnership with Ripple, which recently resolved its SEC legal issues, enhances BlackRock's tokenization ambitions by leveraging Ripple's proven payment infrastructure and the XRP Ledger's decentralized exchange. Despite a 61% drop in XRP's price from its peak, institutional interest remains strong, as evidenced by $178 million inflows into XRP ETFs this month, while retail engagement declines.

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