Three companies are investing $471 million in XRP for treasury reserves, demonstrating their growing institutional confidence.
◆ BlackRock is exploring an XRP exchange-traded fund, which could intensify competition among companies seeking approval from the U.S. Securities and Exchange Commission (SEC) for a cryptocurrency exchange-traded fund.
◆ Ripple is collaborating with Web3 Salon Japan to support XRPL startups with grants of up to $200,000, enhancing the digital asset ecosystem in Japan.