This 1 New Trend Is Picking Up Speed. Here's Why That Means You Should Buy and Hold XRP Now
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As an investment, XRP (CRYPTO: XRP) does not really need to compete in every flashy new category within cryptocurrency to pay off for its holders. Rather than spreading thin, its tight focus on providing fast, inexpensive, and legally compliant money transfers for financial institutions means that it can expect to continue growing so long as there are potential users that are still processing their transfers in slower or more expensive ways.Nonetheless, there's some compelling new data that suggest XRP is exposed to a mighty tailwind that's gaining force. Here's what's happening and why it makes the coin worth buying.In January, Coinbase Global conducted a survey of 352 institutional investors in asset management groups, hedge funds, and private banks, as well as other types of financial business. Those institutional investors tend to control the largest quantities of capital on the market, with all but 14% of the survey respondents reporting assets under management (AUM) of $1 billion or more. The results of that survey have some very interesting findings about a new trend that's particularly relevant for XRP and its future. That trend is called real-world asset tokenization.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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