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Grayscale Launches XRP Trust for Investors

  • Grayscale has launched the XRP Trust, providing accredited investors exposure to XRP, the digital asset that powers the XRP Ledger.
  • The trust allows investors to buy shares reflecting the value of XRP in the form of a security, rather than directly buying XRP.
  • XRP is a digital currency used for fast and cheap cross-border payments within the Ripple Network.
  • Grayscale's XRP Trust simplifies the process of investing in XRP, eliminating the need for users to navigate cryptocurrency exchanges and storage.

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