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International Business Times
International Business Times
Business
Nica Osorio

XRP ETF Talks Gain Traction As Ripple CTO Nudges Wall Street Giant Franklin Templeton

Ripple Coin XRP - How Much is it Worth? (Credit: CryptoWallet.com Images/flickr.com)

KEY POINTS

  • Franklin Templeton recently posted about the crypto industry, particularly various blockchain networks
  • It mentioned other blockchains outside Bitcoin and its intention to "support, monitor and develop on these networks as they grow and mature"
  • Ripple Labs' David Schwartz commented on this post and shilled the XRP Ledger
  • Franklin Timpleton did not respond to Schwartz, but the comment revived hopes that an XRP ETF could be on its way

David Schwartz, chief technology officer (CTO) of Ripple Labs, recently nudged Franklin Templeton, a global powerhouse in asset management, and highlighted the intrinsic strengths and potential of the XRP Ledger (XRPL), Ripple's blockchain technology. This set the rumor mill abuzz with speculations about a groundbreaking endeavor: the potential launch of an XRP Ledger exchange-traded fund (ETF).

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