The price of the XRP cryptocurrency token surged after Grayscale announced a new trust that allows accredited investors to directly invest in the coin. XRP, created by Ripple founders, is used for cross-border transactions and is the fifth-largest coin by market cap. The trust will trade over the counter, providing exposure to assets solving real-world problems. Ripple recently won a legal battle with the SEC, solidifying its position in the crypto industry. Other major cryptocurrencies like Bitcoin and Ethereum remained stable, with companies like MicroStrategy and Coinbase seeing gains.
source
Discover more from GLOBALMALAYALAM.NEWS
Subscribe to get the latest posts sent to your email.
