XRP Institutional Demand Spikes as Tokenized Assets Surge

XRP's institutional demand is growing, according to crypto investor coach Chad. He notes that this shift in focus goes beyond retail speculation and points to several developments demonstrating rising demand across the XRP ecosystem.

The video highlights a Treasury Redemption involving JPMorgan, Ondo, and Mastercard as an example of activity taking place on the XRP Ledger. Coach Chad also references a thread from Evernorth that examined areas where demand is appearing.

More than $4 billion in tokenized real-world assets now sits on the XRP Ledger, with over 500 products and real-world assets currently represented on the network. Institutions such as JPMorgan and Mastercard are using or engaging with blockchain-based financial infrastructure.

XRP exchange-traded funds have recorded more than $1.47 billion in cumulative inflows since their launch. The number of new XRP wallets increased by 40% during the last full week of June, reaching its highest weekly count since March.