2024

Bitcoin

Read

<h4><strong>This <a href="https://www.globenewswire.com/news-release/2024/09/12/2945244/0/en/Grayscale-Investments-Launches-Grayscale-XRP-Trust.html" target="_blank" rel="noopener noreferrer nofollow">new trust</a> lets people invest in XRP, a special digital token that helps with fast and easy money transfers across borders.</strong></h4>
<p>XRP is part of a blockchain called the <a href="https://xrpl.org/" target="_blank" rel="noopener noreferrer nofollow">XRP Ledger (XRPL)</a>. Think of XRPL as a high-speed highway for money, where transactions travel quickly and securely from one place to another. This is super important because it makes sending money between countries as easy as pie. Something that can shake up the old ways of handling money. Let’s explore more about this news from Grayscale.</p>
<h5><strong>Grayscale’s New XRP Trust Opens Up Fresh Investment Opportunities</strong></h5>
<p>Rayhaneh Sharif-Askary, who leads Grayscale’s product and research team, said: “We believe the Grayscale XRP Trust gives investors exposure to a protocol with an important real-world use case”.</p>
<p>Also, he said: “By facilitating cross-border payments that take just seconds to complete, XRP has the potential to transform the legacy financial infrastructure.” In other words, XRP might just be the key to making old-fashioned money systems look like yesterday’s news.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">We are proud to announce the creation of a new single-asset crypto investment fund, Grayscale <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> Trust, which will be available through private placement.</p>
 <p>Available to eligible accredited investors.</p>
 <p>Read the press release: <a href="https://t.co/rOmVPUSFxZ" rel="noopener noreferrer nofollow">https://t.co/rOmVPUSFxZ</a> <a href="https://t.co/WEhk849RmT" rel="noopener noreferrer nofollow">pic.twitter.com/WEhk849RmT</a></p>
 <p>— Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/1834216119869341902?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The Grayscale XRP Trust is now open for business. If you’re an eligible investor, whether you’re an individual or part of a big organization, you can start investing in it right away.</p>
<p>Just like Grayscale’s other investment trusts, this one focuses solely on <a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow">XRP</a>. It’s like having a special savings account that only holds one kind of coin—XRP.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">Grayscale XRP Trust allows investors to gain exposure to <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a>, the token powering the XRP Ledger <a href="https://twitter.com/search?q=%24XRPL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRPL</a>, a distributed, peer-to-peer network created to help cross-border financial transactions.</p>
 <p>Learn more, see important disclosures, or reach out to us: <a href="https://t.co/2gq5w3Fbpj" rel="noopener noreferrer nofollow">https://t.co/2gq5w3Fbpj</a> <a href="https://t.co/RrpdvmCQRl" rel="noopener noreferrer nofollow">pic.twitter.com/RrpdvmCQRl</a></p>
 <p>— Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/1834216141444841951?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>So, if you’re looking to dive into the world of <a href="https://www.altcoinbuzz.io/?s=digital+assets" target="_blank" rel="noopener noreferrer nofollow">digital assets</a> and be part of a new wave in finance, the Grayscale XRP Trust is your ticket. It’s a great way to get involved with a technology that’s set to change the way we think about sending money across the globe.</p>
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg"></a></p>
<div class="youtube-embed" data-video_id="rdyoSaptArA"><iframe title="Crypto Whales Are Buying These 2 ALTCOINS" width="696" height="392" src="https://www.youtube.com/embed/rdyoSaptArA?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/grayscale-launches-new-trust-for-xrp/" rel="noopener noreferrer nofollow">Grayscale Launches New Trust for XRP</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Grayscale Launches New Trust for XRP

Altcoin Buzz

Other articles published on Sep 12, 2024

Solana Memecoin Trump Loves Tesla Will Rally 16,000% Ahead of Exchange Listing, While Dogecoin an...

Memecoins Lose Momentum Following Meteoric Gains

What Will Happen with Ethereum in 30 Years

GoPlus Joins Forces With Neo to Deliver Node-Level Security on Neo X Sidechain (12 Sep)

PancakeSwap Launches AI-Powered Prediction Bot on Telegram

Super Champs Launches L3 Chain on Base, Creates Open Builder Platform for Scaled Web3 Games Franc...

Join our free newsletter for daily crypto updates!