ripple $ 1.25 billion in acquisition David Schwartz, chief technology official at Road Hidden Road is a “special moment” for a Blockchain payment company, which is likely to open more use of XRP institutions among institutions.
“The Ripple of Hidden Road is a crucial moment for XRP LEDGER and XRP,” Schwartz He said On social media on April 8.
Hidden Road is a major broker and credit network that includes more than 300 institutional clients. On a typical day, he wipes more than $ 10 billion and more than 50 million transactions through traditional bars.
“Now imagine even part of this activity on the Professor XRP-notebook, and this is exactly what Hidden Road is planning to do it-not to mention the future use of side assets and distinctive realism on XRPL,” said Schwartz.
source: ripple
Ripple has long promoted the LEDGER XRP as a realistic developmental platform in the real world (RWAS), after partnership with Crypto Exchang Archax The launch of the Ramzi Funds Fund launched In November.
However, so far, the distinctive symbol on Professor XRP book was little. Industry data only tracks two RWAs on Professor XRP book for approximately $ 50 million.
Ledger XRP has not yet been sitting as a symbolic platform. source: rwa.xyz
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The RWA market continues to expand
value Onchain Rwas It has grown 9.2 % over the past thirty days, which has generated a general decline in the cryptocurrency market associated with global growth concerns and the most strict financial conditions. During that period, the number of asset holders increased by 6.2 %, according to RWA.XYZ.
Analysts all over the traditional financing industry expect RWAS to become a millions of dollars in the year 2030 due to the large markets that can be via bonds, goods, stocks, real estate and M2 Mode.
According to different estimates, the value of the distinctive securities can reach at least $ 2 trillion by 2030. Source: Distinguished Asset Coalition
Some of the largest companies in the world already experience the asset icon, with CME and Google collection Recently partnership to explore how Google Cloud Universal Ledger can improve the capital market efficiency.
The CEO of Prometheum Aaron Kaplan recently Cointelegraph said The regulatory conditions in the United States are mature until the really distinctive symbol. The largest adoption gap is the lack of secondary markets to buy and sell symbolic assets. However, this can change soon as original cryptocurrencies and traditional brokerage firms compete for the market share.
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