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Jordan Kerridge: Franklin ETF clients purchase $3.64 million in XRP

Jordan Kerridge: Franklin ETF clients purchase $3.64 million in XRP
Franklin ETF clients buy $3.64 million XRP

Franklin ETF clients have purchased $3.64 million worth of XRP. Jordan Kerridge reported that this reflects ongoing institutional exposure to XRP, citing it as another indication that traditional finance is taking cryptocurrency seriously.

Earlier this year, Paxos added XRP to its Crypto Brokerage platform, enabling partners to provide XRP transactions and custody services. In a separate development, the U.S. Treasury announced plans to buy back up to $6 billion in longer-term debt to support market liquidity. These moves have been closely followed by Jordan Kerridge.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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