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Digital Ascension Group MD Explains Exclusive XRP Investment

Jake Claver, Managing Director of Digital Ascension Group, revealed he is solely investing in XRP due to its potential as a bridge currency for global high-value payments. In a post on X, Claver shared an infographic showing XRP at the center of the Interledger Protocol, connecting traditional financial networks (like SEPA, Fedwire, and Zengin) with modern platforms (Amazon, Microsoft, SAP, etc.).

The graphic suggests XRP could enable fast, low-cost cross-border transactions, bypassing traditional systems like SWIFT. However, critics note that the Interledger Protocol is blockchain-agnostic and doesn’t require XRP, and no major institution has officially adopted the setup shown.

Despite skepticism and ongoing legal issues between Ripple and the SEC, Claver remains optimistic. His investment is likely influenced by Ripple’s tech potential and his firm’s ties with Ripple partner Standard Custody & Trust. He emphasized this is a personal strategy, not investment advice.

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