Latest news with #XRPL
Yahoo
15 hours ago
- Business
- Yahoo
3 Key Headwinds Facing XRP
XRP has a lot in its favor at the moment. But no investment is without a few obstacles. XRP's biggest problem at the moment is that it has plenty of competition. 10 stocks we like better than XRP › Investors in XRP (CRYPTO: XRP) are in a good position today. The coin has broken above $2 and sports a market cap north of $127 billion, making it the world's fourth-largest cryptocurrency. It's seeing widespread adoption by institutional investors, and there are a plethora of other reasons to be bullish about XRP's future. Yet three headwinds are blowing straight in its face, and they explain why the gains have cooled since March. None of them are fatal, but ignoring them is like pretending a stiff breeze won't slow a kayak. So let's look at each challenge and see what it might mean for long-term holders. The first challenge is the chain's competition from other cryptocurrencies and fintechs. Ethereum now anchors roughly $126 billion of the $240 billion stablecoin market, cementing its role as the default solution for dollar-denominated transfers in the crypto sector despite its frequent clunkiness and mediocre user experience on average. Every stablecoin dollar routed through Ethereum is one less unit that might have been transferred via the XRP Ledger (XRPL). Meanwhile, traditional payment processors are rolling out the same kinds of cross-border tools that once made XRP look revolutionary. Visa just backed a fintech moving $12 billion a year in stablecoin settlements for businesses. Stripe, another payment processing company, is striking bank partnerships to do the same. These companies own distribution channels, meaning that merchants already clear trillions of dollars through their pipes every year. If they add stablecoin rails, corporate treasurers have fewer reasons to bother with a crypto they have never held. In theory, XRPL's speed and tiny fees still shine. In practice, network effects reward the chain where counterparties already keep accounts. Unless Ripple, the business that issues XRP, can persuade the next wave of stablecoin issuers to launch natively on XRPL or deliver a blockbuster central-bank deal, the payments pie could keep enlarging without XRP securing a bigger slice. For a value-oriented cryptocurrency like Bitcoin, the scarcity of coins is a major driver of higher prices, as new coins can only be produced at a very slow rate. So there's no untapped major reservoir of supply that buyers can reliably count on. With XRP, supply trickles in like clockwork. Ripple's programmatic schedule releases 1 billion XRP from escrow on the first of every month. Roughly 80% of that sum is relocked and thus retained, but 100 million to 200 million coins still hit the float (get sold) in each cycle. At $2.15 per coin, that is $215 million of potential sell pressure every 30 days. Annualized, the unlocked supply could reach 1.2 billion coins, equal to about 2% of XRP's circulating base of 58.9 billion. That dilution is mild compared with new token issuance elsewhere, yet it matters in a market where marginal buyers care about float, not total cap. Every fresh tranche forces investors to absorb inventory before the price can advance. And aside from preventing prices from surging upward due to a supply shock, the mere existence of the tokens leaving escrow is enough to spook some investors and discourage them from buying anything at all. Finally, market sentiment about the crypto sector as a whole is stuck in a rut that's likely dragging on XRP to some degree. A Pew Research Center study from 2024 found 63% of U.S. adults have little to no confidence that today's crypto platforms are safe or reliable. Given XRP's commitment to offering compliance tools to help institutional investors and banks obey regulations, those fears are overblown, but people still have them. Another Pew survey, from 2022, found that 46% of people who actually bought crypto say performance has fallen short of expectations. Skepticism translates into smaller purchases and slower conversion of the curious into the committed. That matters because retail investors still drive a big slice of crypto's price elasticity. Crypto fatigue is psychological, and bear market scars heal on their own timetable. Assuming continued macro calm, a few years of visible real-world usage could flip the narrative. Until then, doubt will act like gravity on XRP's rallies -- but be aware that doesn't mean it can't grow significantly anyway. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Alex Carchidi has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Visa, and XRP. The Motley Fool has a disclosure policy. 3 Key Headwinds Facing XRP was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
17 hours ago
- Business
- Business Insider
DeXRP, the First-Ever DEX on XRPL Announced Its IDO – Amidst the Ripple Rally
Dubai, UAE, June 20th, 2025, Chainwire The DeXRP team has introduced a decentralized exchange (DEX) on the XRP Ledger (XRPL), aiming to establish a transparent trading environment for XRP holders and enthusiasts. This development coincides with notable growth in the XRPL ecosystem, as Total Value Locked (TVL) has increased from $16 million to $80.63 million in recent months. Like Jupiter or 1Inch, DeXRP combines a dual trading model with AMM and full Order Book to support both individual users and institutional participants. DeXRP IDO Details DeXRP Initial DEX Offering (IDO) is currently live. For the Presale is allocated 25% of the total supply - 500,000,000 DXP. The DeXRP team has already announced the listing price at $0.35, while the current presale round price is $0.00525. To join the DeXRP IDO, an investor should connect their wallet on the DeXRP Presale page and choose the suitable currency for purchasing. Early participants can buy DeXRP tokens (DXP) with ETH, BNB, SOL, XRP, BTC, and USDT, as well as bank card transactions. To learn more about the IDO of DeXRP: DeXRP Protocol For institutional investors and traders, DeXRP combines both an integrated AMM system and a full Order Book with a Hybrid Trading Model. The backbone for every DEX is the liquidity providers, and DeXRP is designed to fairly reward all LPs participants; Optimised Liquidity Aggregation With LP tokens, holders will participate in a fee auction for discounted trading slots, premium features, DEX voting mechanism and access to new trading pairs and pools. Yield Multipliers and Advanced Trading Features DeXRP introduces customizable yield multipliers to grant liquidity providers enhanced LP rewards with individual adjustment instruments. With full commitment control, users can maximise their earnings. $DXP is the utility token for DeXRP, and it grants holders: trading fee discounts, access to premium tools, participation in fee auctions, and much more. Liquidity providers are eligible for LP token-based rewards and may participate in DeXRP's upcoming fee auction model to access discounted trading slots and exclusive features. The DeXRP team also plans to introduce airdrop and bounty initiatives to increase community engagement and platform awareness. For additional updates and participation details, users may refer to DeXRP's official channels: About DeXRP is a next-generation Decentralised Exchange powered by XRPL that combines deep liquidity, ultra-low fees, and a dual-trading model to deliver an institutional-grade trading experience for everyone, from crypto newcomers to pro traders.
Hamilton Spectator
3 days ago
- Business
- Hamilton Spectator
Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs
TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. ('Purpose'), the firm behind the world's first spot Bitcoin ETF and Canada's largest digital asset ETF manager*, is expanding its digital asset suite with the launch of the Purpose XRP ETF, now trading on the TSX under the ticker XRPP. The ETF offers spot exposure to XRP — the native token of the XRP Ledger (XRPL), a decentralized blockchain designed to enable fast, low-cost international payments and financial settlement. The ETF will be available in CAD-hedged (TSX: XRPP), CAD non-hedged (TSX: XRPP.B), and US dollar (TSX: XRPP.U) units. A Token Engineered for Impact. A Firm Committed to Access. 'Canadian investors continue to look for simple, safe, and transparent ways to access the digital asset market, and the XRP ETF has been one of the most requested digital assets in our lineup, thanks to XRP's design for fast, low-cost global payments,' said Vlad Tasevski, Chief Innovation Officer. 'With this launch, we're not just adding another ETF – we're expanding a platform built to reshape how Canadians access the future of finance. Our track record in digital assets reflects a deep belief in blockchain's real-world potential, and we remain focused on trust, access, and education to help investors and advisors navigate this evolving space with clarity and confidence.' Designed for Real-World Use and Real Portfolios XRP stands out in a crowded digital asset landscape for its real-world use case and growing interest. As demand builds for blockchain solutions that go beyond speculation, the Purpose XRP ETF offers investors a clear, simplified way to gain exposure to an asset based on a network built for scale, speed, and financial infrastructure through a regulated, advisor-ready vehicle. Key Benefits 'The Purpose XRP ETF is a streamlined, advisor-ready solution that transforms XRP's real-world utility into a secure, investable format,' said Paul Pincente, VP of Digital Assets at Purpose Investments. 'We designed this ETF to remove the operational hurdles of managing crypto directly, offering investors access to XRP through a regulated ETF structure with institutional-grade custody. It's built for portfolios, backed by experience, and engineered to meet the growing demand for practical blockchain exposure.' From Bitcoin to XRP: An ETF Platform Built for the Future of Digital Investing Purpose offers the most expansive and diverse suite of digital asset ETFs in Canada — built to meet the needs of today's investors, whether they're tactically allocating, seeking long-term exposure, or generating income from crypto assets. The Purpose Digital Asset lineup includes: By redefining what digital asset investing looks like, Purpose is making it easier, safer, and smarter for investors to participate in a rapidly evolving space. As blockchain technology reshapes global finance, Purpose remains committed to bridging the gap between traditional investing and the decentralized future. About Purpose Investments Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif. For further information, please email us at info@ . Media inquiries: Keera Hart 905-580-1257 *By digital asset ETFs under management as of April 24, 2025. The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. The information contained in this document is believed to be accurate and reliable; however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice. Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the Prospectus may be obtained from . There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you. Certain statements in this document may be forward-looking. Forward-looking statements ('FLS') are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as 'may,' 'will,' 'should,' 'could,' 'expect,' 'anticipate,' 'intend,' 'plan,' 'believe,' 'estimate' or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.
Cision Canada
3 days ago
- Business
- Cision Canada
3iQ Launches XRP ETF (XRPQ, XRPQ.U), Offering First-of-its-Kind Access to XRP in North America
A landmark rollout further reinforces 3iQ's track record as a trusted innovator in delivering regulated, first-to-market digital asset investment solutions. Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which launches with a 0% management fee for the first six months, provides exposure to a digital asset that has grown by 10,800% since January 2015. 3iQ will ring the closing bell today at the Toronto Stock Exchange to mark XRPQ's first day of trading. TORONTO, June 18, 2025 /CNW/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, is pleased to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which begins trading today on the Toronto Stock Exchange (TSX). The 3iQ team will ring the closing bell this afternoon on the TSX floor to commemorate this historic launch. XRPQ is one of the first exchange-traded fund (ETF) in North America to provide investors with exposure to XRP, the third-largest digital asset by market capitalization. Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. 3iQ's new ETF enables investors to gain long-term exposure to XRP in a transparent and cost-effective way. XRPQ debuts with a 0% management fee for the first six months, placing it among the most competitively priced digital asset ETFs. It will invest only in long-term holdings of XRP purchased from reputable digital asset trading platforms and over-the-counter (OTC) counterparties. The underlying assets will be fully secured in standalone cold storage. XRPQ is available for investment through registered accounts in Canada, and its TSX listing enables access for qualified investors globally, subject to local regulations. "The launch of XRPQ marks another milestone in our mission to provide investors with convenient, cost-effective access to digital assets within a regulated framework," said Pascal St-Jean, President and CEO of 3iQ. "XRP has demonstrated significant growth potential over the past decade, and this groundbreaking strategy offers Canadian and qualified global investors a transparent, low-cost and tax-efficient way to securely access that opportunity. Ripple Labs' investment support reflects our shared leadership in advancing the digital asset space." XRP is the native digital asset of the XRP Ledger, an open-source blockchain designed for high-speed, low-cost payments across borders. The XRPL consistently settles transactions in three to five seconds, with fees often less than a fraction of a cent. Since January 2015, XRP's price has climbed from $0.02 to over $2.19, an increase of more than 10,800%. Ongoing regulatory clarity and growing institutional interest have positioned the XRPL to solve real-world use cases such as global remittances, liquidity management, and broader blockchain applications. Earlier this year, 3iQ launched the 3iQ Solana Staking ETF (TSX: SOLQ), which invests in long-term Solana (SOL) holdings while delivering staking rewards. SOLQ quickly became the largest Solana ETF following its launch and as of June 12, 2025 has over $120 million USD in assets under management. To learn more about the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), visit Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iQ. Media Contacts for 3iQ Europe Angus Campbell Nominis Advisory [email protected] North America Ryan Graham JConnelly +1 862-777-4274 [email protected] Julie Mercuro JConnelly +1 973-349-6471 [email protected] Important information Please read the prospectus before investing. Important information about the ETF is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy securities. Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States, including to US news wire services. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. Securities of the ETF have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. Neither this announcement, nor the fact that it has been disseminated, shall form the basis of, or be relied upon in connection with, any future information that we distribute.
Yahoo
3 days ago
- Business
- Yahoo
3iQ Launches XRP ETF (XRPQ, XRPQ.U), Offering First-of-its-Kind Access to XRP in North America
A landmark rollout further reinforces 3iQ's track record as a trusted innovator in delivering regulated, first-to-market digital asset investment solutions. Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which launches with a 0% management fee for the first six months, provides exposure to a digital asset that has grown by 10,800% since January 2015. 3iQ will ring the closing bell today at the Toronto Stock Exchange to mark XRPQ's first day of trading. TORONTO, June 18, 2025 /CNW/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, is pleased to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which begins trading today on the Toronto Stock Exchange (TSX). The 3iQ team will ring the closing bell this afternoon on the TSX floor to commemorate this historic launch. XRPQ is one of the first exchange-traded fund (ETF) in North America to provide investors with exposure to XRP, the third-largest digital asset by market capitalization. Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. 3iQ's new ETF enables investors to gain long-term exposure to XRP in a transparent and cost-effective way. XRPQ debuts with a 0% management fee for the first six months, placing it among the most competitively priced digital asset ETFs. It will invest only in long-term holdings of XRP purchased from reputable digital asset trading platforms and over-the-counter (OTC) counterparties. The underlying assets will be fully secured in standalone cold storage. XRPQ is available for investment through registered accounts in Canada, and its TSX listing enables access for qualified investors globally, subject to local regulations. "The launch of XRPQ marks another milestone in our mission to provide investors with convenient, cost-effective access to digital assets within a regulated framework," said Pascal St-Jean, President and CEO of 3iQ. "XRP has demonstrated significant growth potential over the past decade, and this groundbreaking strategy offers Canadian and qualified global investors a transparent, low-cost and tax-efficient way to securely access that opportunity. Ripple Labs' investment support reflects our shared leadership in advancing the digital asset space." XRP is the native digital asset of the XRP Ledger, an open-source blockchain designed for high-speed, low-cost payments across borders. The XRPL consistently settles transactions in three to five seconds, with fees often less than a fraction of a cent. Since January 2015, XRP's price has climbed from $0.02 to over $2.19, an increase of more than 10,800%. Ongoing regulatory clarity and growing institutional interest have positioned the XRPL to solve real-world use cases such as global remittances, liquidity management, and broader blockchain applications. Earlier this year, 3iQ launched the 3iQ Solana Staking ETF (TSX: SOLQ), which invests in long-term Solana (SOL) holdings while delivering staking rewards. SOLQ quickly became the largest Solana ETF following its launch and as of June 12, 2025 has over $120 million USD in assets under management. To learn more about the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), visit About 3iQ Digital Asset Management Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iQ. W: Media Contacts for 3iQ EuropeAngus CampbellNominis Advisoryangus@ North AmericaRyan GrahamJConnelly+1 862-777-4274rgraham@ Julie MercuroJConnelly+1 973-349-6471jmercuro@ Important information Please read the prospectus before investing. Important information about the ETF is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy securities. Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States, including to US news wire services. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. Securities of the ETF have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. Neither this announcement, nor the fact that it has been disseminated, shall form the basis of, or be relied upon in connection with, any future information that we distribute. 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