Analyst known as Pepesso shared a viral thread discussing possible connections between Ripple and the financial giant BlackRock. This article raises questions about the shared strategy of these companies in the context of the future financial world.
Connection Between Ripple and BlackRock
Pepesso claims the connections between Ripple and BlackRock are not mere coincidences. Both companies share similar timelines, have common figures behind the scenes, and in some cases even similar assets. He highlights that BlackRock's CEO Larry Fink has been outspoken about tokenization as the future, aiming to transition trillions of dollars in assets onto blockchain rails.
The SEC Case and Ripple's Legitimacy
One of Pepesso's arguments is that Ripple's fight with the SEC was never meant to destroy the company. Instead, the outcome conferred legitimacy to Ripple. The fine was small, and XRP was not classified as a security, making Ripple attractive for institutional money, including BlackRock.
Themes of XDNA and Aladdin
Pepesso mentions XDNA, where BlackRock already has an ETF with that ticker. On July 4, a token with the same ticker appeared on the XRP Ledger related to digital identity. Additionally, he discusses Aladdin, BlackRock's powerful AI platform which may be testing RippleNet for transactions, potentially indicating a unified strategy for managing future financial flows.
Pepesso's theory regarding the connection between Ripple and BlackRock is intriguing. While many may dismiss it as speculative, it raises significant questions about the future of financial technologies and their roles in managing data and capital.