Cryptocurrency

Crypto CEO Working with Blackrock: $30 to $50 Trillion Will Flow into XRP Ledger

In a recent interview, Graham Rodford, the CEO of Archax, conveyed a compelling outlook regarding the potential influx of assets into the XRP Ledger (XRPL). JackTheRippler (@RippleXrpie), a prominent XRP community member, shared the video on X, and the CEO’s statements highlight the transformative impact XRPL could have on global financial markets.

Rodford’s assertion of an estimated $30 to $50 trillion flowing into the XRP Ledger has drawn significant attention from the community, with many eager to know how this could impact XRP.

Read Also: Research: XRP Could Reach $771 if it Grabs 20% of $50 Trillion Projected XRPL Volume 

We need to understand Rodford’s analysis within the context of the broader financial landscape. He contextualizes this figure within the estimated potential tokenization market, approximated at $1.4 quadrillion. Although his estimation is only a fraction of the total market as he points out, it represents significant inflows for the XRPL.

Rodford also points out that various asset classes are transitioning to on-chain platforms. Real-world Asset (RWA) tokenization is a major growth strategy for Ripple. David Schwartz, Ripple’s Chief Technology Officer (CTO), revealed in October 2023 that RWAs will be launched on the XRPL by the end of 2024 or early 2025.

He also references the migration of assets such as money market funds, tokenized treasuries, and stablecoins onto blockchain networks. This trend indicates a growing inclination among market participants towards digital asset solutions, driven by factors such as efficiency, transparency, and security.

Rodford notes that the conversion of even a single institution to a natively digital format could catalyze a significant transfer of assets, potentially amounting to trillions of dollars. Ripple’s global partnerships show that many institutions and governments are interested in blockchain technology and its benefits, and Ripple could be at the forefront of that movement.

Rodford believes Archax could specifically process $30 to $50 trillion by 2025. As regulatory frameworks evolve to accommodate blockchain-based financial services, platforms like Archax are poised to play a central role in facilitating the seamless integration of traditional and digital markets.

Significant inflows into Archax also suggest that the rest of the XRPL could gain significantly larger Inflows as adoption rises and real-world assets move to the blockchain.

Read Also: XRP Sees 700% Rise in Inflows. Here’s why XRP Moved By Ripple to Bitstamp Could Represent Adoption 

Although Rodford’s prediction is ambitious, it is rooted in a comprehensive understanding of the financial market and technological trends. The scalability and interoperability of the XRPL also position it as a preferred platform for handling large-scale financial transactions efficiently and securely.

With tokenization gaining support, XRP could see trillions of inflows if XRPL can capture 1% of the tokenization market, and Archax could play a significant role.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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