Grayscale is shifting its gaze to XRP. Here’s why

Crypto investment firm Grayscale, which has been mainly focused on Bitcoin and Ethereum (at one time in the last few months, Grayscale was buying more Bitcoin than was being produced by miners), is shifting its gaze to another crypto, XRP. The firm floated the idea that XRP could be ripe enough to grab a sizeable chunk of the $2 trillion-worth global payments market and said that it appeals to banks and other financial institutions due to its innovative ability to solve liquidity issues that have long pestered the banking sector.

Grayscale has introduced various unique crypto-related products in the market such as XRP’s On-Demand Liquidity (ODL) and RippleNet.

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Cult Today

Cult Today

CULT is a collective for NFT lovers. We are passionate NFT hoarders, we love minting our own collections and we are always on the lookout for collaborations. Most of our work can be found on StakeCube Marketplace

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