NEW: The London Stock Exchange is bringing its 100 largest listed companies onto the blockchain, partnering with @krakenfx owner @Payward to launch them as tokenized xStocks.
LATEST: @Ripple and @SettleMintCom partner to give banks a single platform to custody, issue, and manage tokenized assets across their full lifecycle, starting in Asia with plans to expand globally.
Introducing Ripple Prime’s Delta One business – bringing Total Return Swaps across US-listed equities, indices and digital assets to clients, tailored to their investment horizons, risk mandates and reporting requirements.
Single counterparty. Cross-margined. Structurally aligned. 24/7
This is what institutional equity derivatives access should look like: https://t.co/Fyc2HE2soR
A record day for XRP spot ETFs and the busiest on-chain trading day quarter-to-date this week, per our analysis of data from SoSoValue and the XRPL.
The demand is showing up on a network designed for institutional scale: the XRP Ledger.
This content is for informational purposes only and does not constitute investment advice. This content may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/f1nPiu69OG.
Together with @Ripple and @cicadacredit, Clearpool is building the flagship institutional credit platform on the XRP Ledger.
The credit layer we've spent years building is finally reaching a network built to move value at scale. Ready for our next chapter 💪🏻
Read more 👉🏻
https://t.co/VhMPdPej0a
$CPOOL $XRP @RippleXDev
Now it gets really serious on the XRPL.
Institutions are coming on to the XRP Ledger for borrowing and lending amendment with clear commitment. Not a "maybe" or "perhaps". It's happening.
Clearpool provides the infrastructure (Permissioned Vault), Cicada provides the credit expertise (Loan Broker), and Ripple provides the capital (Depositor).
and the borrowers are FinTechs 👀.
Supply capital, earn yield, supply more capital -> Flywheel effect of compounding.
All on XRP using XLS-66 (Lending) and XLS-65 (SAV) features, XRP as native settlement asset across the flow and for fees / reserves.
More usage of the XRP protocol feeds the activity engine. Amazing to see this upcoming and next up is a demo of those flow!
Institutional-grade credit is coming to the XRP Ledger (XRPL).
@Cicadacredit brings credit expertise and a borrower pipeline, powered by @ClearpoolFin infrastructure built on the XRPL Lending Protocol and Single Asset Vault.
Cicada has the full story on how it works 👇
NEW: Jeonbuk Bank becomes the first regional bank in Korea to deploy @Ripple Payments for cross-border remittances, settling transfers in seconds that previously took days via SWIFT.
LATEST: The SEC is set to unveil an innovation exemption for tokenized stocks as soon as Friday, potentially paving the way for 24/7 on-chain equity trading, per Bloomberg.
🇬🇧 JUST IN: The UK's FCA is preparing a regulatory framework for tokenized gold to protect London's dominance in bullion trading amid growing competition from China, per FT.
NEW: The XRP Ledger is now connected to @Axelar's interoperability network, enabling cross-chain transfers of $XRP and supported assets across 80+ blockchains without separate bridge infrastructure.
NEW: $XRP holders can now borrow $RLUSD against their coins on Ethereum without selling, via @FlareNetworks's wrapped $FXRP accepted as collateral on Morpho Blue.