The $XRP Ledger is gaining contemporary consideration as Ripple expands its work with conventional finance, whereas Digital Asset CEO Yuval Rooz warns that crypto networks will ultimately be judged by the utility and income they create. On the identical time, banks are already utilizing public blockchain infrastructure with out ready for the US Readability Act.
Ripple Pushes $XRP Ledger Into Conventional Finance
Aviva Traders has tokenized its US greenback liquidity fund on the $XRP Ledger as a part of its partnership with Ripple. The agency manages over £30 billion in liquidity methods and can work with Ripple by way of 2026 to discover extra tokenization alternatives. The corporate said tokenization doesn’t change a fund’s underlying belongings, NAV or danger profile.
It merely data possession digitally, which might make transactions quicker and extra environment friendly. The transfer reveals rising curiosity in utilizing the $XRP Ledger for real-world belongings and conventional finance.
Banks Are Already Utilizing Public Chains
The dialogue additionally pushed again in opposition to the concept that banks should anticipate the US Readability Act earlier than utilizing public blockchain networks. Rooz mentioned banks are already utilizing public chains, together with Canton.
“Should you made guarantees and also you did not ship, guess what… it is ultimately going to go all the way down to zero.”@YuvalRooz on Crypto Networks. @CantonNetwork shakes the mud, 3X on valuation in a 40% down market. pic.twitter.com/3yJfDdQmKS
— 🌸Eri ~ Carpe Diem (@sentosumosaba) August 10, 2026
He famous that round 50 distributors are getting ready purposes for Canton forward of the DTCC’s deliberate manufacturing launch in October. He additionally pointed to the dimensions of US monetary markets, with equities and Treasuries collectively approaching $70 trillion, arguing that the business ought to suppose past crypto’s present billion-dollar TVL figures.
Utility May Separate Winners From Losers
Rooz additional warned that many crypto networks have valuations disconnected from the precise financial exercise they generate. He argued that networks making guarantees with out delivering helpful merchandise might ultimately lose most of their worth.
Hyperliquid was introduced for example of a community producing income and utilizing it to burn tokens, making a mannequin nearer to a worthwhile public firm returning worth by way of buybacks.
He additionally criticized altering business narratives, noting how crypto shifted from permissionless programs towards privateness and management. In accordance with Rooz, sustaining a constant product technique helped his firm almost triple its valuation over 24 months, even whereas the broader market declined round 40% over the previous yr.
The newest funding spherical was led by Andreesen Horowitz and included Apollo, CME, HSBC, SoFi, SBI Japan and Hana Financial institution Korea, with Shinhan Monetary Group becoming a member of on the final second after the spherical turned oversubscribed.
In accordance with him, the corporate nonetheless has substantial work forward to ship on its initiatives and preserve that progress.
