Vincent Van Code, a prominent figure in the cryptocurrency space, has shared his positive outlook on Evernorth's recent announcement regarding a substantial $1 billion XRP treasury initiative. This development is seen as a significant milestone in the journey towards greater institutional adoption of XRP, and the publication demonstrates positive momentum in the developments.
Van Code's $1 Billion Initiative
Van Code emphasizes that the $1 billion initiative could act as a crucial catalyst for institutional demand, especially with the potential introduction of regulated XRP investment products.
Attracting Institutional Players
He believes that these compliant investment vehicles will attract more institutional players into the market despite the current stagnation in XRP's price.
Growing Confidence in XRP
His bullish stance reflects a growing confidence in the future of XRP as a viable asset for institutional investors.
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