• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Why Morgan Creek is not investing in XRP: Mark Yusko's view

user avatar

by Giorgi Kostiuk

a year ago

Mark Yusko, head of Morgan Creek Capital, recently shared his views on digital assets and explained why his fund does not invest in XRP.

Lack of investment in XRP

During a recent interview with Paul Barron Network, Mark Yusko stated that Morgan Creek Capital does not own any XRP tokens. The focus is primarily on investing in digital asset infrastructure, including Bitcoin and smaller amounts of Ethereum and Solana.

Decentralization issues

Yusko mentioned that there is no demand for tokens like XRP and Dogecoin among founding groups. He also pointed out the lack of proper decentralization in XRP compared to Bitcoin, which he considers a better solution.

Feedback on Ripple's involvement in crypto reserve

Ripple was recently criticized for allegedly lobbying against a strategic Bitcoin reserve. However, Ripple CEO Brad Garlinghouse said that the company's efforts are increasing the odds of a multi-token crypto reserve being created.

Morgan Creek's stance on XRP remains unchanged due to decentralization issues and lack of demand among investment groups. Bitcoin, meanwhile, is viewed as a more viable foundation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cipher Mining to Raise $2 Billion for AI Data Center Construction

chest

Cipher Mining's subsidiary, Black Pearl Compute LLC, is set to offer $2 billion in senior secured notes to fund the construction of a large data center in Texas.

user avatarLuis Flores

Walmart Reaches $1 Trillion Market Value for the First Time

chest

Walmart has reached a major milestone as its market value topped $1 trillion for the first time on Tuesday.

user avatarGustavo Mendoza

The Shift in Financial Strategy: Embracing Derivatives for Risk Management

chest

The Shift in Financial Strategy: Embracing Derivatives for Risk Management

user avatarMaria Gutierrez

Security Risks Loom for BlockDAG Investors Post-TGE

chest

The week following the TGE is critical for investors as phishing scams are expected to rise. Investors face increased risk of phishing attacks between February 11 and 16, 2026, when tokens are onchain but not yet tradeable. It is essential for investors to remain vigilant to protect their assets from potential scams.

user avatarAndrew Smith

US House Passes Budget Bill to End Partial Government Shutdown

chest

The House of Representatives has passed a budget bill to end the partial government shutdown, sending it to President Trump for signature.

user avatarJacob Williams

BlockDAG Faces Unique Challenges Ahead of TGE on February 11

chest

BlockDAG faces unique challenges in managing the claiming process for BDAG tokens ahead of TGE on February 11, 2026, to avoid network congestion and ensure user satisfaction.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.