A wave of speculation has erupted on the social network X (formerly Twitter) suggesting a secret partnership between Ripple and investment giant BlackRock. According to believers in this theory, both companies are covertly building a tokenized global financial system using XRP Ledger infrastructure. A central claim is that the XRP lawsuit was part of a calculated move to "legalize" this system. However, former SEC attorney Marc Fagel has publicly denied that the lawsuit has any connection to such a conspiracy.
❗ Lawyer: The XRP Lawsuit Has Nothing to Do with It
In a post on X, Fagel firmly rejected the idea that the XRP lawsuit was orchestrated as part of a broader plan involving BlackRock. He emphasized that the lawsuit was initiated under former SEC Chair Jay Clayton during the Trump administration—well before Gary Gensler took over.
“Ripple was sued under Trump/Clayton, long before Gensler was appointed to the SEC,” Fagel stated.
His remarks directly counter theories claiming that the lawsuit was designed to clear a regulatory path for XRP to be used in a future financial system allegedly built in cooperation with BlackRock.
🌐 Tokenization, Identity, and Aladdin
According to the theory, Ripple and BlackRock share parallel ambitions, and their technologies are interconnected:
🔹 Aladdin – BlackRock’s asset management platform
🔹 XRP Ledger (XRPL) – Ripple’s blockchain network
🔹 Tokenized U.S. Treasury bonds
🔹 Decentralized digital identity systems
Conspiracy theorists highlight Ripple’s collaboration with Ondo Finance, which is tokenizing U.S. Treasuries on XRPL. Notably, Ondo’s co-founder Nathan Allman has ties to both BlackRock and Gary Gensler, with all three reportedly having past connections to Goldman Sachs.
🔁 Ripple & BlackRock – Coincidence or Strategy?
Another point fueling speculation is the matching ticker symbols: BlackRock recently launched an ETF called $XDNA, focused on genomics, while the DNA Protocol project on XRPL uses the same ticker. This has led to theories about a Ripple–BlackRock collaboration in areas like decentralized identity and health data.
Ripple’s broader tokenization roadmap also mirrors BlackRock’s ambitions, including:
🔹 Real estate
🔹 Government bonds
🔹 Carbon credits
🔹 CBDCs
Moreover, the U.S. Fedwire's recent adoption of the ISO 20022 standard—the same used by XRPL—has added fuel to the fire, with some suggesting it could ease technological integration between the systems.
🧩 What Does It All Mean?
While some see the connections between Ripple and BlackRock as coincidental or speculative, others believe they signal a deeper partnership that could reshape the global financial landscape.
However, Marc Fagel urges caution: without hard evidence, linking lawsuits to geopolitical strategies and the operations of two separate entities is premature. So far, there is no concrete proof of a direct collaboration between Ripple and BlackRock on such a grand scale.
#Ripple , #xrp , #DigitalAssets , #XRPCommunity , #Regulation
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