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BULLISH 📈 : XRP commentators suggest BlackRock and Ripple align on tokenization vision
A panel discussed potential ties between BlackRock and Ripple, focusing on tokenized finance. No formal partnership has been confirmed.
Key Points:
- The discussion was prompted by the presence of BlackRock CEO Larry Fink and Ripple's Brad Garlinghouse at Davos.
- Panelists speculated about a shared vision for settlement consolidation on a single blockchain.
- Ripple's institutional strategy, including acquisitions like Metaco, was highlighted as aligning with BlackRock's interests.
- There is speculation that BlackRock's entry into XRP could trigger a significant liquidity event.
- Despite these discussions, BlackRock's current crypto focus remains on Ethereum and Bitcoin rather than XRP.
- XRP is currently trading at $1.88.
