XRP (Ripple), $4 Billion Capital Inflow...Advancing with RWA and Payment Infrastructure Taking Flight

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Demand for XRP is simultaneously growing in real-world asset (RWA) tokenization, spot ETFs, and institutional markets. The volume of tokenized assets on the XRP Ledger has surged from approximately $150 million to over $4 billion in just one year.

According to crypto-specialized media outlet Coingape on July 7 (local time), Evernorth Holdings, a digital asset treasury firm backed by Ripple, stated that demand for XRP is simultaneously increasing across multiple markets. It explained that the tokenization of real-world assets on the XRP Ledger, XRP spot ETFs, and new wallet inflows are driving up capital demand.

The volume of tokenized real-world assets on the XRP Ledger has increased from approximately $150 million a year ago to over $4 billion. Currently, over 500 products are operating on the XRP Ledger. The volume of major tokenized assets amounts to approximately $2.5 billion.

Use cases in institutional finance have also emerged. JPMorgan, Ripple, Mastercard, and Ondo Finance completed the first cross-border tokenized government bond settlement on the XRP Ledger. The transaction settlement took approximately 4 seconds. Evernorth stated, "XRP is recording massive capital inflows in RWA tokenization."

XRP spot ETFs have recorded net capital inflows for 8 consecutive weeks. Cumulative net inflows amount to $1.49 billion, with $17.19 million flowing in last week. Total net assets reached $1.05 billion. Evernorth explained that the ETF fund flows indicate increasing institutional participation.

New XRP wallets have increased from 18,100 to 26,000 in a few weeks. This is the highest weekly number of new wallets since March. According to CoinGlass, XRP futures open interest increased by 1% in 4 hours, reaching $2.38 billion. CME open interest increased by 3.21%, and Binance by approximately 0.75%.

[Article Summary]

-The volume of tokenized real-world assets on the XRP Ledger increased from approximately $150 million to over $4 billion in one year.

-XRP spot ETFs recorded net inflows for 8 consecutive weeks, with cumulative net inflows reaching $1.49 billion.

-New XRP wallets increased to 26,000, and futures open interest recorded $2.38 billion.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*