Novogratz Admits He Was Wrong on XRP as Ripple Expands Into RWA
- —Novogratz: "I was dead wrong. Hats off to Brad Garlinghouse and his team"
- —Novogratz announced no new XRP investments or partnerships
- —Ondo Finance plans to bring tokenized U.S. Treasuries OUSG to the XRP Ledger
- —The U.S. Treasury market is valued at roughly $28.3 trillion
Why it matters: A shift in rhetoric from an influential institutional figure and the inflow of tokenized Treasuries onto the XRPL strengthen the RWA narrative and could support demand for XRP.
Source: DailyCoin