Ripple (XRP) Has Found Its Way Into Wall Street’s Inner Sanctum, Here’s How
Ripple has entered Wall Street's core infrastructure through its prime brokerage platform, Ripple Prime, which was named a partner by the Depository Trust & Clearing Corporation (DTCC) for its upcoming tokenization service. The DTCC, which clears $114 trillion in transactions, includes Ripple alongside major firms like BlackRock and JPMorgan in its tokenization working group. The service pilot for tokenized real-world assets is set for July 2026, with a full launch in October 2026.
Analysts highlight this partnership as bullish for XRP, noting Ripple Prime's use across all U.S. states and its support for XRP and RLUSD in trading, collateral, and settlement. This aligns with growing activity on the XRP Ledger, where total tokenized real-world asset value has surpassed $4 billion.
Additionally, commentary connects XRP to traditional finance, citing Bank of America's involvement with RippleNet and its exposure to XRP through an ETF, suggesting banks are utilizing both legacy systems like SWIFT and blockchain solutions like Ripple concurrently. XRP's price was around $1.15 at the time of writing.
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