Recent developments involving Ripple, the US-based blockchain company and major distributor of XRP, have caused excitement within the XRP Army. A prominent ad recently surfaced in New York City, sparking reactions and anticipation among community members.
The ad, displayed on a large digital billboard in Times Square, featured the Ripple logo along with the slogans “Crypto Means Business,” and “Blockchain Solutions that Transform Finance.”
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This high-profile placement in one of the world’s busiest and most iconic locations is seen as a bold statement about Ripple’s focus on enterprise adoption. Notably, Times Square is a popular venue for cryptocurrency advertising, with companies like Bitcoin and Ethereum leveraging its visibility to reach a wider audience.
JackTheRippler (@RippleXrpie), a prominent XRP community figure and crypto analyst, shared the video on X, writing, “XRP will shock the world!”
HUGE @Ripple ADVERTISING — NYC (Times Square) 🇺🇸 📍$XRP is set to takeover America regardless of how the SEC feel about it. pic.twitter.com/S6fAJejh3K
— EDO FARINA 🅧 XRP (@edward_farina) November 26, 2023
Other prominent figures also shared their excitement, with Edo Farina (@edward_farina), the manager of prominent XRPL NFT project Alpha Husky Club, writing, “XRP is set to take over America regardless of how the SEC feel about it.”
Adding to the momentum, Ripple’s recent acquisition of the Standard Custody & Trust Company, a regulated custodian for digital assets with a New York trust charter, has further amplified the buzz, as the company expands its business in the United States.
These recent actions point towards Ripple’s commitment to expanding its reach and influence, particularly within the financial services sector. The company is strategically positioning itself within the regulated financial landscape, which could unlock new opportunities.
Potential implications for XRP
Increased Adoption: The high-profile advertisement and strategic acquisitions could attract new businesses and developers to the XRPL, leading to wider adoption and increased XRP transaction volume.
Increased Regulatory Clarity: Operating within a regulated environment through the New York Crypto Trust Company could provide greater clarity and legitimacy for Ripple’s financial activities, potentially attracting more investors.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Read Also: Stage Is Being Set For XRP as English Premier League Displays Ripple to the World
What’s Next for Ripple?
While it’s still too early to predict the definitive outcome, the recent actions by Ripple suggest a proactive approach to capitalize on potential opportunities. The increased visibility in New York City and the strategic acquisition demonstrate the company’s commitment to growth and expansion.
Whether this translates into widespread adoption and a significant impact on the price of XRP remains to be seen. However, an expert recently described XRP as a gateway to financial prosperity with minimal risk, and Ripple’s efforts could make this happen in the long run.
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