Google Just Unveiled a New Blockchain That Will Compete With XRP. Here's What Investors Need to Know.

06.09.25 11:00 Uhr

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On Aug. 27, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) said that it's launching a new blockchain platform called the Google Cloud Universal Ledger (GCUL). The company framed the project as a blockchain designed for financial institutions to use in areas like capital markets and real-world asset (RWA) tokenization. This marks Alphabet's largest step yet into the blockchain sector, suggesting that its intent is to compete with established players.GCUL directly targets the same institutional finance niche where XRP (CRYPTO: XRP) and its issuer, Ripple, have spent years building value. Here's what investors need to know.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool