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Showing posts with the label financial innovation

Ripple Projects $19 Trillion in Tokenized Value, XRP To Get a Boost

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XRP could get a massive boost in the charts as Ripple Labs recently published a report estimating the value of tokenized assets to reach $19 trillion as institutional adoption accelerates. Institutions are looking to tokenize gold, equities, real estate, and treasuries, among others, and Ripple is the first point of contact. The fintech firm is already providing services to global banks and institutions, revolutionizing the blockchain industry. Also Read: Ripple XRP ETF Odds Now at 88% After SEC Lawsuit Conclusion Ripple Projects Tokenized Assets to Reach $19 Trillion in Value, XRP to Gain Source: fingerlakes1.com Ripple Labs has projected the overall tokenized value to reach $19 trillion by 2033 and is bullish on XRP. The report states that the real estate sector could top $3.7 trillion in tokenized assets. In addition, equities could also bring in $2 trillion through tokenization, making a major shift in the financial sector. “By 2033, the overall value of tokenized real-world a...

JPMorgan and Coinbase Form New Bridge Between Banking and Digital Assets

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JPMorgan Chase has become the first major United States bank to give its retail customers a direct route into cryptocurrencies, unveiling a strategic tie‑up with exchange Coinbase that will let Chase credit‑card holders buy digital assets and convert reward points into the USD Coin (USDC) stablecoin. The phased roll‑out, announced on 30 July, will also introduce a secure bank‑to‑wallet link for the group’s 80 million account‑holders, signalling a decisive shift by the country’s biggest lender towards mainstream adoption of crypto. Under the agreement, customers will receive $1 of USDC for every 100 Ultimate Rewards points transferred and will be able to fund their Coinbase accounts with Chase cards before the end of the year. We're partnering with @Chase to accelerate crypto adoption. Coming soon: → Use Chase credit cards on Coinbase → Redeem rewards points for USDC → Directly link Chase accounts to Coinbase Bridging tradfi to crypto. pic.twitter.com/ObxIaMWI3J ...

Texas Just Backed Bitcoin: Best Crypto to Buy as States Embrace $BTC Reserves

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