Ripple states that blockchain experimentation is over, with tokenized financial products now transforming global finance by enabling faster, cheaper, and more transparent transactions. The UK is advancing a strategy to become a leader in tokenized wholesale finance, aiming to generate up to £33 billion annually by 2035. Ripple supports this initiative and sees its XRP Ledger as a key platform for institutional finance, aligning with global trends where major institutions like JPMorgan embrace tokenization. This marks a significant shift toward onchain finance as the future of capital markets.
A UK Treasury-backed report positions Ripple as a key player in transitioning tokenized repo, fixed income, and funds from pilot stages to live markets within the next 12 months. The report proposes a hybrid model combining permissioned institutional...
Spot Bitcoin ETFs attracted $197.4 million in net inflows during the week of July 6–10, breaking an eight-week streak of withdrawals that totaled about $8.26 billion. This reversal coincides with Bitcoin trading at around $63,917, below its spring hi...
The UK Treasury has formed a 54-member taskforce including Ripple, BlackRock, and J.P. Morgan to replace legacy financial systems with blockchain technology, aiming to tokenize wholesale markets worth £33 billion. This initiative targets the fixed-in...
Ripple supports the UK's new tokenization strategy aimed at digitizing securities and financial assets, which could boost the UK economy by £33 billion annually by 2035. This initiative is part of the UK's Wholesale Financial Markets Digital Strategy...
Whale activity on the XRP Ledger has sharply declined, with transactions over $1 million falling from 70 to just 2 in one week, indicating large investors are becoming inactive amid XRP's price consolidation near $1. This drop in large transactions s...
