Grayscale Reopens XRP Trust Amid Ripple’s 2025 Growth Plans

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Cryptotale2025/01/24 02:07

By:Chris Murithi

Grayscale reopens XRP Trust, offering accredited investors regulated exposure to XRP.
Monica Long, Ripple’s President to outline 2025 goals and ecosystem growth on January 28.
Ripple’s legal victory fuels renewed interest in XRP and institutional adoption efforts.

Grayscale Investments has reactivated its XRP Trust to serve accredited investors who want exclusive XRP exposure through the Ripple Network platform. The trust enables institutional investors to receive XRP exposure without having to buy or maintain ownership of the cryptocurrency. This announcement aligns with renewed interest in XRP and significant legal developments surrounding Ripple Labs.

Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network used for cross-border payments.

Learn more about Grayscale XRP Trust, see important disclosures, or reach out to us: https://t.co/2gq5w3Fbpj pic.twitter.com/GSxIaeAYOO
— Grayscale (@Grayscale) January 23, 2025

The Grayscale XRP Trust started operations in September 2024 with CoinDesk Ripple Price Index (XRX) as its benchmark index. Investors who engaged with the Trust paid a 2.50% management fee while escaping direct cryptocurrency complications. The Trust provided investors with accessibility to XRP through a regulated mechanism which showed the coin’s price after deducting operational expenses.

XRP provides its key functionality in linking cross-border payments through the decentralized Ripple Network protocol. The technology of Ripple Labs serves to provide rapid affordable solutions for international payment networks. These efforts are particularly relevant following a partial legal victory for Ripple in its SEC case. In July 2023, a federal judge ruled that XRP is not a security when sold on digital exchanges. However, institutional sales were deemed unregistered securities transactions.

Grayscale has been actively diversifying its digital asset offerings. In December 2024, the firm introduced the Lido DAO (LDO) and Optimism (OP) Trusts, which focus on Ethereum-related solutions. The XRP Trust is part of this broader strategy, emphasizing Grayscale’s commitment to meeting institutional demand.

Ripple’s leadership also aims to drive innovation and expand adoption. Monica Long, Ripple’s President, will discuss the company’s 2025 goals during a scheduled event on January 28. The presentation will showcase Ripple’s strategies to boost tokenized financial asset adoption combined with blockchain innovation specific to the Asia-Pacific area. Ripple extends cooperation through an open invitation for participants to raise questions before their next event.

Excited to discuss @Ripple’s goals for 2025, including how we’re driving institutional adoption of tokenized financial assets onchain – plus, digging into blockchain innovation across APAC. Can't wait!

Thanks for the questions and keep 'em coming! https://t.co/PtdUAJyN3Q
— Monica Long (@MonicaLongSF) January 23, 2025

XRP’s market activity remains robust. At press time, XRP was trading at $3.16 per token experiencing 1.20% increase in the last 24 hours. The market capitalization for XRP stands at $182.18 billion while its total daily trade volume reached $8.97 billion resulting in a 6.61% increase. XRP demonstrates impressive market dominance through its key metrics showing expanding blockchain adoption throughout the market.

The post Grayscale Reopens XRP Trust Amid Ripple’s 2025 Growth Plans appeared first on Cryptotale.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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