### Grey-Scale Opens XRP Trust#

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Overview

Grayscale announced that its Grayscale XRP Trust is now open to accredited investors. The trust aims to provide investors with exposure to XRP, a cryptocurrency developed by Ripple that powers the XRP Ledger, a distributed network for cross-border payments. The opening of the Grayscale XRP Trust means that accredited investors can now invest in XRP through the trust without having to directly buy and hold XRP. This move indicates Grayscale's confidence in the future of XRP and provides XRP investors with a new investment channel.

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Grayscale announced that its Grayscale XRP Trust is now open to accredited investors. The trust aims to provide investors with exposure to XRP, a cryptocurrency developed by Ripple that supports the XRP Ledger, a distributed network for cross-border payments. The opening of Grayscale XRP Trust means that accredited investors can now indirectly invest in XRP through the trust without having to directly purchase and hold XRP. This is an attractive option for investors who want to invest in XRP but do not want to deal directly with cryptocurrency exchanges. The opening of Grayscale XRP Trust could also be seen as a positive signal for XRP, indicating that its position in the financial markets is being recognized. However, it is important to note that the Grayscale XRP Trust is currently only open to accredited investors, meaning that ordinary investors are still unable to invest in XRP through the trust.

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Grayscale XRP Trust is now open to qualified investors.

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Grayscale XRP Trust provides exposure to XRP.

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XRP is powered by the XRP Ledger and is used for cross-border payments.

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Grayscale XRP Trust is for qualified investors seeking XRP exposure.

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