XRP Spikes 8% as Grayscale Launches XRP Trust in the U.S.

“We believe Grayscale XRP Trust gives investors exposure to a protocol with an important real-world use case,” said Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary in a press release. “By facilitating cross-border payments that take just seconds to complete, XRP can potentially transform the legacy financial infrastructure.”