BlackRock Is Already in XRP Ledger: Expert Shares What’s Happening

Key Points

1. Pumpius asserts that BlackRock has been accumulating XRP through banks like Citi, BNY Mellon, and Standard Chartered, following its typical OTC strategy.

2. Major custodians are increasingly present in the XRP Ledger (XRPL) ecosystem, with BNY Mellon serving as the reserve custodian for Ripple’s stablecoin, RLUSD.

3. XRPL is natively ISO 20022-compliant, aligning with global banking standards expected to be fully adopted by late 2025.

4. There is no publicly available evidence confirming BlackRock’s direct involvement in XRPL transactions or plans for an XRP ETF.

5. Pumpius’s claims connect confirmed events like whale transfers and banking partnerships with speculative conclusions about BlackRock’s role.