Bank of New York Mellon has launched tokenized deposit services for institutional clients and selected Ripple Prime as an early adopter. This move positions Ripple at the forefront of the pragmatic transformation of digital cash infrastructure, rather than just speculation. Meanwhile, the assets under management of the XRP ETF have surpassed $1 billion, indicating that institutional investors are betting on Ripple's long-term infrastructure role rather than short-term price fluctuations.
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Bank of New York Mellon has launched tokenized deposit services for institutional clients and selected Ripple Prime as an early adopter. This move positions Ripple at the forefront of the pragmatic transformation of digital cash infrastructure, rather than just speculation. Meanwhile, the assets under management of the XRP ETF have surpassed $1 billion, indicating that institutional investors are betting on Ripple's long-term infrastructure role rather than short-term price fluctuations.