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.

XRP price chart