Ripple Labs Shares Reach $136.90 on Private Secondary Markets
@Ripple Labs shares are currently trading at $136.90, marking a 376% all-time increase in valuation.
Data suggests Ripple is maintaining one of the most liquid profiles in the private markets as institutions position themselves ahead of a potential 2026 public debut.
Crypto made its debut on @60Minutes tonight – there’s no doubt that these technologies will continue to become more and more mainstream - with influence and reach that will only continue to grow.
A few things I do want to comment on after watching:
I spoke with Margaret Brennan / 60Minutes for 90+ min straight. When discussing the SEC’s misguided lawsuit against Ripple, 60Minutes shockingly left out that a Federal Judge ruled that XRP is not a security…Gensler’s shill (John Reed Stark) knows better despite his comments that 60Minutes chose to air.
Lastly, to say crypto has no utility is exactly what the naysayers said about the Internet in its earliest days - that it’s nothing more than illicit activity. How vastly they were proven wrong. Today, even JPMorgan is coming around on blockchain… (conveniently 60Minutes also failed to mention that Ripple is doing billions of dollars of KYC-ed transactions for our institutional customers - leveraging XRP to move money cross-border more efficiently than traditional payment rails.)
https://t.co/yPe5oKTq5Q
Today, in partnership with @ArchaxEx and @abrdn_plc, we’re excited to announce the first tokenized money market fund on the XRP Ledger.
With $16T in tokenized assets projected by 2030, this milestone unlocks cost savings and settlement efficiencies by deploying capital markets infrastructure on the #XRPL.
https://t.co/bgWi3jY5go
Archax, in collaboration with @Ripple, has launched the first tokenised money market fund on #XRPL.
This groundbreaking initiative brings tokenised access to @abrdn_plc $3.8 billion US dollar Liquidity Fund, paving the way for enhanced operational efficiencies and institutional adoption of real-world asset tokenisation.
Read more about it here: https://t.co/ugHMVqAkYT
Starting July 29, benefit from transparent pricing on two new cryptocurrencies as CME CF Internet Computer-Dollar and XRP-Dollar Reference Rates and Real-Time Indices are added to our expanding suite of benchmarks. https://t.co/1kn5BPZi4C
The #XRPL AMM passed its required consensus.
For those of you who are unfamiliar with this blockchain, here are the next steps:
- We enter a two week wait period in which people can present any problems or concerns
- The high XRPL tribunal will select three champions of hearts brave and true
- These champions will voyage out to complete 9 quests around the world, each designed to test strength, cunning, and will
- Should at least one champion pass all quests, they will be awarded the Golden Fleece of Jankar
- If the fleece is returned within two weeks to David Schwartz, the amendment is deemed worthy and implementation will begin after the Grand Feast on the 14th night