According to a report by Bitcoin.com News, Evernorth published a series of posts on X on May 18, revealing operational details of a cross-institution tokenized U.S. Treasury bond redemption transaction. Evernorth said that the XRP Ledger (XRPL) served as the settlement coordination layer in the transaction involving Ondo Finance, JPMorgan’s Kinexys, Mastercard, and Ripple. Transaction workflow confirmed by Evernorth Based on the workflow Evernorth described in its X posts: · Ripple redeemed OUSG

XRP gained renewed attention after Evernorth highlighted how the crypto asset facilitated a tokenized Treasury redemption across Ripple, Mastercard, J.P. Morgan’s Kinexys, and Ondo Finance. Key Takeaways: J.P. Morgan’s Kinexys infrastructure interacted with the XRP Ledger during a

According to SoSoValue data, Franklin XRP ETF (XRPZ) recorded net inflows of $1.48 million overnight on May 19. The product's historical cumulative net inflows have reached $381 million, with the broader XRP spot ETF complex holding total assets under management of $1.125