Breakthrough investment step for XRP in South Korea.
Good news for XRP enthusiasts! The South Korean asset management company Lean Ventures has partnered with Vivo Federation to create a 300 million dollar fund for Ripple Labs' stock. This groundbreaking deal allows South Korean investors to access XRP at a discounted price without having to purchase the cryptocurrency directly.
The collaboration aims to generate 75 million dollars in profit over three years and strategically targets South Korea - believed to be the largest holder of XRP tokens globally. The adoption from this organization comes as XRP shows stable movement, trading in the range of 2.01-2.04 dollars in the past 24 hours.
Meanwhile, the US-based company 21Shares is preparing to launch XRP spot ETFs, continuing to expand institutional access to this asset.
This development signals the increasing acceptance of XRP in the mainstream and could drive up trading volumes as well as stabilize prices. If you are interested in trading XRP, #Binance offers competitive pricing and advanced tools to help you capitalize on these market movements!
Content is for informational purposes only, discussion, not investment advice.
