Ripple cannot officially sell XRP to institutions due to ongoing legal battles, although retail trading continues. A recent court ruling has solidified restrictions on these sales.
Legal experts suggest Ripple could pursue institutional sales under SEC registration, provided they adhere to the Securities Act. Ripple’s strategy includes developing compliant DeFi products and partnerships.
To further integrate XRP into finance, Ripple plans to acquire Hidden Road for 1.25 billion USD. This move is aimed at improving institution-level services and building a sustainable DeFi ecosystem.
Leave a Reply