Link Between Ripple (XRP) and BlackRock Unveiled
Main Idea
RippleX has partnered with Ondo Finance to bring tokenized U.S. Treasuries (OUSD) to the XRP Ledger (XRPL), with speculation linking this collaboration to BlackRock due to Ondo's involvement in BlackRock's tokenized fund ecosystem.
Key Points
1. RippleX announced a partnership with Ondo Finance to integrate tokenized U.S. Treasuries (OUSD) onto the XRP Ledger, enhancing the network's utility beyond payments.
2. Crypto researcher SMQKE suggested a connection between Ripple and BlackRock through Ondo Finance, given Ondo's role in BlackRock's tokenized fund ecosystem.
3. The integration aims to provide unmatched liquidity for on-chain real-world assets (RWAs) and expand the XRP Ledger's functionality.
4. Craig Phillips, a Ripple director with extensive industry and U.S. Treasury experience, strengthens Ripple's institutional credibility in advancing tokenized financial instruments.
5. Community reactions highlight potential benefits for the XRP Ledger, such as increased traffic and adoption of Ripple's On-Demand Liquidity (ODL) solution, though direct impact on XRP's price may be limited.
Description
Crypto researcher SMQKE has drawn attention to a significant development in the digital asset landscape, stating: “Ripple + ONDO = Ripple BlackRock. Full Circle. Documented.” This assertion follows the January 28, 2025, announcement from RippleX, Ripple’s developer-focused division, confirming a partnership with Ondo Finance. The agreement brings Ondo’s tokenized U.S. Treasuries (OUSD) onto the XRP Ledger (XRPL) , representing a critical intersection between traditional financial assets and bloc...
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