Wall Street, Businesses, and Institutions Now Watching XRP: Flare Team

The Flare Network team has suggested that Wall Street firms, major companies, and institutions are now keeping a close eye on XRP. 

The team highlighted this amid growing interest in the XRP and XRPL ecosystems, as more businesses explore how to use the XRP Ledger (XRPL) in real-world financial systems. 

XRP Now Capturing Mainstream Attention

Notably, this claim is backed by expanding use across different sectors. Several recent developments over the past two months confirm this. 

These moves come as the crypto industry sees clearer rules in the United States and, notably, as the long-standing legal battle between Ripple and the U.S. SEC nears its end. Interestingly, both sides have agreed to a settlement, and the court is expected to approve it soon. 

May 2025 Developments Around the XRPL and XRP

Specifically, one of these bullish developments occurred last month, when the World Economic Forum released a report on how financial markets are starting to use blockchain for asset tokenization. The report highlighted that the XRP Ledger now supports $1 billion in private equity tokenization. 

Days later, the Dubai Land Department chose the XRP Ledger to power its first Real Estate Tokenization Project. The initiative officially began on June 23, representing a major step in applying blockchain to real estate, especially in the Middle East. 

Also, late last month, Ault Capital Group, a subsidiary of a firm listed on the New York Stock Exchange, announced plans to roll out an XRP-based lending platform aimed at U.S. public companies. 

Meanwhile, within that period, three different firms confirmed they would be adding XRP to their corporate reserves. Specifically, Ault Capital, VivoPower (a Nasdaq-listed company), and Webus International all revealed plans to hold XRP as a reserve asset. 

Announcements from XRPL Apex

Remarkably, the positive momentum continued into June. Particularly, on June 11, the first day of XRPL Apex 2025, Ondo Finance launched tokenized U.S. Treasuries on the XRP Ledger. 

Notably, these assets, backed by BlackRock’s USD Institutional Digital Liquidity Fund and short-term U.S. government bonds, give investors a way to access traditional financial products through blockchain. 

Ripple’s stablecoin, RLUSD, supports minting and redeeming, while the XRPL’s built-in compliance features like KYC and on-chain credentials ensure the system meets regulatory standards.

Further, VivoPower committed $100 million in XRP to generate returns through Flare’s DeFi platforms like FAssets and Firelight. The company plans to grow its XRP treasury using those returns, showing a real shift in how businesses use XRP in their financial strategies.

Essentially, these moves show that XRP is gaining serious ground, confirming the remark from the Flare Network team. With big names now investing, building, and launching products on XRPL, the asset is entering a new phase driven by real adoption, not hype.