Grayscale Launches XRP Trust — Citing Potential to Transform Legacy Financial Systems

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust works like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s head of product highlighted XRP’s potential to transform financial infrastructure. Grayscale Launches XRP Trust for (…)