As the story goes, BlackRock has stated numerous times they’d be limiting themselves to Bitcoin (BTC) & Ethereum (ETH) in terms of exchange-traded funds (ETFs).
Sponsored
Crypto Prediction Markets
18+ · Gambling involves risk. Play responsibly.
However, there’s some uncanny links between the $14 trillion American financial giant & the globe’s third largest crypto currency.
▸ Live tracker
Follow every XRP institutional move in real time
Bank pilots, ETF flows, ODL volume & more — all in one place.
In a recent revelation, analyst SMQKE dug deeper into the characteristics of Wormhole (W) – a popular blockchain interoperability protocol.
Wormhole Merges BlackRock & XRP’s Tech Stack
The assumption that BlackRock is quietly connecting Ripple’s XRP infrastructure came just a few days following Wormhole dev team’s announcement of RLUSD’s inclusion in the Native Token Transfers (NTT) standard. This allows Ripple’s stablecoin to be paired with roughly 100 digital assets over 40 different blockchains.
The kicker: Wormhole (W) is the main facilitator of BlackRock’s tokenization journey, while a popular Real World Asset (RWA) platform is already harnessing RLUSD for transactions in a $4 billion RWA ecosystem.
BlackRock’s own BUIDL fund is included in the roster, so the cross-chain capabilities are nearly endless. The odds of a BlackRock-owned fund interacting with Ripple’s RLUSD on a regular basis are high, while the stablecoin can also serve as a redemption rail & on-chain liquidity provider on the platform.
On the other hand, the growing point of access between Ripple & BlackRock doesn’t imply any direct usage of Ripple’s XRP token. Despite XRP remaining the centerpiece of Ripple’s DeFi ecosystem, BlackRock’s relationship with Ripple has more to do with the federal-grade technical stack, provided by the San Francisco-based tech giant.
DTTC’s Rolling Out On Stellar First, XRP Next?
With BlackRock’s tokenized fund operations accelerating, it’s clear that the rapidly-growing RWA market favors stablecoins as much as Distributed Ledger Technology (DLT) based tokens. That reflects in both legal documents & trading volumes.
The DTCC (Depository Trust & Clearing Corporation), clearing from $3.7 to $4.7 quadrillion in securities annually, filed numerous patents including Ripple (XRP) & Stellar Lumens (XLM), labelling them as Digital Liquidity Tokens. This opens a corridor for low-cost settlement within a multi-chain ecosystem, but the practical implications are yet to be seen in early 2027.
That’s when DTCC is launching the multi-chain traditional stock tokenization, worth roughly $114 trillion. With Stellar Lumens (XLM) kicking this multi-trillion campaign off, a deployment of funds on Ripple’s XRP Ledger could follow, as America’s largest clearing house intends to make the assets available across most popular DLT chains.
Discover DailyCoin’s hottest crypto scoops today:
Will Crypto Challenge Stock Markets? Binance’s On-Chain Equity Layer
Bitcoin ETFs Face Historic Outflows: $4.33B Pulled in Record Streak
People Also Ask:
An analyst says BlackRock now has an indirect path to XRP through Wormhole and Ripple’s RLUSD stablecoin.
BlackRock already uses Wormhole for its tokenized assets (via Securitize). Wormhole just added RLUSD support, which runs on the XRP Ledger. This creates a bridge between BlackRock’s world and XRP.
There’s no proof of that. It’s not direct ownership. It’s about interoperability — BlackRock’s tokenized assets could potentially move or interact with RLUSD on the XRP Ledger more easily.
Not immediately. It’s a long-term infrastructure play. It strengthens the narrative that XRP is becoming more useful for big institutions.
DailyCoin’s Vibe Check: Which way are you leaning towards after reading this article?
Be the first to comment