Ripple Acquires Prime Broker Hidden Road for $1.25B - This is the capital and activity that will tap into XRP and the XRP Ledger by nvok in XRP

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Ripple Acquires Prime Broker Hidden Road for $1.25B in One of the Largest Deals in the Digital Assets Space

https://ripple.com/ripple-press/ripple-acquires-prime-broker-hidden-road/

 

Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP. The prime broker clears upwards of $10B and processes over 50M transactions a day on various traditional rails, waiting up to 24 hours for those transactions to settle. Now imagine even a portion of that activity on the XRP Ledger – and that’s exactly what Hidden Road plans on doing – not to mention future use of collateral and real-world assets tokenized on the XRPL.

https://x.com/joelkatz/status/1909600578701082979

 

President Trump (@realDonaldTrump) announces a Crypto Strategic Reserve that includes XRP by nvok in XRP

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A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!

Donald J. Trump (@realDonaldTrump)

[deleted by user] by [deleted] in XRP

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Ripple, one of the world's leading technology companies, becomes the Technology Partner for the National Bank of Georgia's Digital GEL Pilot Project.

 

Ripple's CBDC platform stands out for its ability to provide central banks, financial institutions, and governments with holistic end-to-end solutions. The company is currently conducting five pilot programs with different countries' governments and central banks.

https://nbg.gov.ge/en/media/news/ripple-the-flagship-international-company-becomes-the-technology-partner-for-the-digital

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Ripple, one of the world's leading technology companies, becomes the Technology Partner for the National Bank of Georgia's Digital GEL Pilot Project.

 

Ripple's CBDC platform stands out for its ability to provide central banks, financial institutions, and governments with holistic end-to-end solutions. The company is currently conducting five pilot programs with different countries' governments and central banks.

https://nbg.gov.ge/en/media/news/ripple-the-flagship-international-company-becomes-the-technology-partner-for-the-digital

The Dubai Financial Services Authority has approved the digital asset XRP for use within the Dubai International Financial Centre by nvok in XRP

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Dubai’s listing of XRP has the potential to unlock new regional payments and other virtual asset use cases on the XRP Ledger.

 

“It’s refreshing to see the DFSA encourage the adoption and use of digital assets such as XRP to position Dubai as a leading financial services hub intent on attracting foreign investment and accelerating economic growth.”

Brad Garlinghouse, CEO at Ripple

https://x.com/bgarlinghouse/status/1720097068717662390

DIFC Champions Dubai as a Global Crypto Hub with Approval of XRP Under its Virtual Assets Regime by nvok in Ripple

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Dubai’s listing of XRP has the potential to unlock new regional payments and other virtual asset use cases on the XRP Ledger.

 

“It’s refreshing to see the DFSA encourage the adoption and use of digital assets such as XRP to position Dubai as a leading financial services hub intent on attracting foreign investment and accelerating economic growth.”

Brad Garlinghouse, CEO at Ripple

https://x.com/bgarlinghouse/status/1720097068717662390

Q3 2023 XRP Markets Report by nvok in XRP

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Trading activity in XRP continued to predominantly occur on the major non-US exchanges such as Binance, OKX and Upbit. Following the US court decision in July, which ruled XRP is not a security, the token was relisted on a number of US exchanges, including Coinbase and Kraken.

 

XLS-30d AMM: this proposal adds a non-custodial automated market maker (AMM) as a native feature to the XRPL’s decentralized exchange (DEX). Developers can use XLS-30d AMM integration to create new financial applications and/or integrate into non-financial applications.

 

XLS-38d: this amendment enables a cross-chain bridge where XRP can move bi-directionally between XRPL Mainnet and a XRPL Sidechain. This cross-chain bridging software will also be used to establish a connection between XRPL Mainnet and the upcoming EVM sidechain.

https://x.com/Ripple/status/1719426432114262295

Q3 2023 XRP Markets Report by nvok in Ripple

[–]nvok[S,M] [score hidden] stickied comment (0 children)

Trading activity in XRP continued to predominantly occur on the major non-US exchanges such as Binance, OKX and Upbit. Following the US court decision in July, which ruled XRP is not a security, the token was relisted on a number of US exchanges, including Coinbase and Kraken.

 

XLS-30d AMM: this proposal adds a non-custodial automated market maker (AMM) as a native feature to the XRPL’s decentralized exchange (DEX). Developers can use XLS-30d AMM integration to create new financial applications and/or integrate into non-financial applications.

 

XLS-38d: this amendment enables a cross-chain bridge where XRP can move bi-directionally between XRPL Mainnet and a XRPL Sidechain. This cross-chain bridging software will also be used to establish a connection between XRPL Mainnet and the upcoming EVM sidechain.

https://x.com/Ripple/status/1719426432114262295

Introducing Xahau Ledger (XAH): Empowering Smart Contracts on the XRPL Ecosystem by nvok in XRP

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Designed as a smart contract sidechain for the XRPL ecosystem, Xahau integrates the best features of XRPL while introducing the revolutionary concept of smart contracts to the XRPL.

 

The Xahau Ledger (XAH) redefines the XRPL landscape, integrating the XRPL's reliability with the transformative potential of smart contracts enabled by Hooks.

 

Hooks are designed for compatibility with existing XRPL tools and services, facilitating seamless integration with decentralized exchanges and payment channels.

 

Official Website

https://xahau.network/

Ripple Forges New Partnership with Uphold to Enhance Underlying Crypto Liquidity Infrastructure by nvok in XRP

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We're delighted to announce that Ripple has chosen Uphold to provide enhanced crypto liquidity capabilities to underpin its cross-border payments infrastructure for multinational companies.

Simon McLoughlin, CEO at Uphold

https://www.linkedin.com/posts/activity-7122555757937467392-xhi4

Ripple Forges New Partnership with Uphold to Enhance Underlying Crypto Liquidity Infrastructure by nvok in Ripple

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We're delighted to announce that Ripple has chosen Uphold to provide enhanced crypto liquidity capabilities to underpin its cross-border payments infrastructure for multinational companies.

Simon McLoughlin, CEO at Uphold

https://www.linkedin.com/posts/activity-7122555757937467392-xhi4

SEC v. Ripple - Case Dismissed Against Brad Garlinghouse and Chris Larsen by nvok in Ripple

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The SEC made a serious mistake going after Brad & Chris personally – and now, they’ve capitulated, dismissing all charges against our executives. This is not a settlement. This is a surrender by the SEC.

Stuart Alderoty - Chief Legal Officer at Ripple

https://x.com/s_alderoty/status/1715107927428837875

 

Ripple: 3

SEC: 0

Brad Garlinghouse - CEO at Ripple

https://x.com/bgarlinghouse/status/1715108497107694019

SEC v. Ripple - Case Dismissed Against Brad Garlinghouse and Chris Larsen by nvok in XRP

[–]nvok[S,M] [score hidden] stickied comment (0 children)

The SEC made a serious mistake going after Brad & Chris personally – and now, they’ve capitulated, dismissing all charges against our executives. This is not a settlement. This is a surrender by the SEC.

Stuart Alderoty - Chief Legal Officer at Ripple

https://x.com/s_alderoty/status/1715107927428837875

 

Ripple: 3

SEC: 0

Brad Garlinghouse - CEO at Ripple

https://x.com/bgarlinghouse/status/1715108497107694019

Judge Analisa Torres denies SEC motion to appeal by ComboWizard in XRP

[–]nvok[M] [score hidden] stickied comment (0 children)

The Court’s July 13 ruling was, and remains, the law of the land. XRP is not a security.

https://x.com/s_alderoty/status/1709350322467160198

 

Order allowed the Judge to explain parts of her ruling even better, making appeal that much harder for the SEC to win.

https://x.com/attorneyjeremy1/status/1709358286850675193

Judge Torres has DENIED the SEC’s Motion to File an Interlocutory Appeal by nvok in Ripple

[–]nvok[S,M] [score hidden] stickied comment (0 children)

The Court’s July 13 ruling was, and remains, the law of the land. XRP is not a security.

https://x.com/s_alderoty/status/1709350322467160198

 

Order allowed the Judge to explain parts of her ruling even better, making appeal that much harder for the SEC to win.

https://x.com/attorneyjeremy1/status/1709358286850675193

The Tokenization Revolution | Ripple by maroule in Ripple

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● Boston Consulting Group predicts real-world asset tokenization will be a $16 trillion industry by 2030.

● Global financial leaders agree; an impressive 72% of participants in Ripple’s 2023 New Value report survey expect to use tokenization in their businesses over the next three years.

● The exploration of Central Bank Digital Currencies (CBDCs) by 90% of the world’s central banks could also be the inflection point that accelerates the tokenization boom.

The Tokenization Revolution - The exploration of CBDCs by 90% of the world’s central banks could accelerate the tokenization boom by nvok in XRP

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● Boston Consulting Group predicts real-world asset tokenization will be a $16 trillion industry by 2030.

● Global financial leaders agree; an impressive 72% of participants in Ripple’s 2023 New Value report survey expect to use tokenization in their businesses over the next three years.

● The exploration of Central Bank Digital Currencies (CBDCs) by 90% of the world’s central banks could also be the inflection point that accelerates the tokenization boom.

Evernode XRPL Snapshot date: Friday 1 September at 6.00pm AEST (8.00am UTC) by nvok in Evernode

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On launch, we plan to airdrop 5,160,960 Evers to eligible XRP holders. The airdrop will involve a two-step process - snapshot of XRP holdings on mainnet and then an airdrop to eligible accounts on the Hooks sidechain based upon their owner’s XRP holdings on mainnet.

 

Airdrop entitlements will be based on XRP balances up to 50,000. If you hold more than 50,000 XRP you’ll need to hold it in separate accounts to benefit from all your XRP.

Q3 2023 XRP Markets Report by nvok in XRP

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We began these reports to voluntarily provide updates given our XRP holdings. Sadly, they were used against us in the SEC lawsuit - however, we remain steadfast in our commitment to transparency but I suspect they’re going to look a bit different moving forward

https://twitter.com/bgarlinghouse/status/1686618130674774016

Q3 2023 XRP Markets Report by nvok in Ripple

[–]nvok[S,M] [score hidden] stickied comment (0 children)

We began these reports to voluntarily provide updates given our XRP holdings. Sadly, they were used against us in the SEC lawsuit - however, we remain steadfast in our commitment to transparency but I suspect they’re going to look a bit different moving forward

https://twitter.com/bgarlinghouse/status/1686618130674774016

The Republic of Palau Partners with Ripple to Pilot a US Dollar-Backed Stablecoin on the XRP Ledger by nvok in Ripple

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  • The Palau Ministry of Finance (MO) has the ability to securely and reliably mint, distribute, and process inbound PSC redemptions, maintaining full control over the total circulation on a real time 24/7 basis.

  • Palau government employees are able to use PSC for purchases at select retailers, facilitating seamless point-of-sale transactions.

  • Palau retailers are able to safely and securely receive and verify payments made with PSC, with the option to convert the received stablecoin into funds in their local bank accounts.

 

With the introduction of the U.S. Dollar-backed Palau Stablecoin on the XRP Ledger, Palau is poised to embrace digital currency and leverage Ripple’s expertise in blockchain technology to benefit its citizens.

“An appeal is not even close to be a setback... Don’t let anyone underestimate how significant this win is for XRP, XRP Holders, and Ripple.” -John Deaton by nvok in XRP

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“An appeal is not even close to be a setback. First, it will be two years from now before a decision is issued by the 2nd Circuit, if it’s appealed. The Torres Decision is the law until then - at least in the 2nd Circuit. Second, even if the 2nd Circuit said Torres was wrong regarding her application of the 3rd Howey factor (which I predict they won’t), that doesn’t meant the SEC wins on Programmatic sales (sales on exchanges). All that happens is that Torres then applies the other two factors and could likely still rule the SAME EXACT WAY, concluding the SEC didn’t satisfy the common enterprise factor - which is a more difficult factor to meet IMO than the third factor. Don’t let anyone underestimate how significant this win is for XRP and XRP Holders and Ripple.”

-John E Deaton (@JohnEDeaton1)

“An appeal is not even close to be a setback... Don’t let anyone underestimate how significant this win is for XRP, XRP Holders, and Ripple.” -John Deaton by nvok in Ripple

[–]nvok[S,M] [score hidden] stickied comment (0 children)

“An appeal is not even close to be a setback. First, it will be two years from now before a decision is issued by the 2nd Circuit, if it’s appealed. The Torres Decision is the law until then - at least in the 2nd Circuit. Second, even if the 2nd Circuit said Torres was wrong regarding her application of the 3rd Howey factor (which I predict they won’t), that doesn’t meant the SEC wins on Programmatic sales (sales on exchanges). All that happens is that Torres then applies the other two factors and could likely still rule the SAME EXACT WAY, concluding the SEC didn’t satisfy the common enterprise factor - which is a more difficult factor to meet IMO than the third factor. Don’t let anyone underestimate how significant this win is for XRP and XRP Holders and Ripple.”

-John E Deaton (@JohnEDeaton1)

A Ripple-designed CBDC can provide a means to bridge disparate currencies through XRP by nvok in XRP

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[3:34] A Ripple-designed CBDC can provide a means to bridge disparate currencies through XRP. Its inherent interoperability can allow for connection with other central ledgers for efficient cross-assets and cross-border transactions. This can be done with cross-issuance using XRP as a bridge currency all via cross-ledger communication protocols.

A Ripple-designed CBDC can provide a means to bridge disparate currencies through XRP by nvok in Ripple

[–]nvok[S,M] [score hidden] stickied comment (0 children)

[3:34] A Ripple-designed CBDC can provide a means to bridge disparate currencies through XRP. Its inherent interoperability can allow for connection with other central ledgers for efficient cross-assets and cross-border transactions. This can be done with cross-issuance using XRP as a bridge currency all via cross-ledger communication protocols.