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Franklin Templeton collaborates with Ripple Ecosystem: New Developments in Spot XRP Trust and XRPL Tokenization Trading
【Crypto World】Ripple Middle East and Africa Business Lead Reece Merrick recently discussed the XRP Ledger with Franklin D. Roosevelt, and the two parties reached a quick consensus. Franklin D. Roosevelt Digital Asset Head Roger Bayston stated outright that XRPL is a blockchain born for payments, with the core advantage of fast and cheap cross-border transfers, and the XRP token holds an important position in diversified digital asset allocation.
This collaboration involves substantial content: on one hand, Ripple and DBS Bank have built a tokenized trading cooperation framework based on XRPL; on the other hand, Franklin D. Roosevelt launched a spot XRP ETF product—the Franklin XRP Trust (ticker: XRPZ), which further solidifies XRP’s position in traditional financial asset allocation. From payment innovation to investment products, the XRPL ecosystem is indeed gaining institutional recognition, which is quite meaningful for the development of the entire XRP ecosystem.