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    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 3 minutes read

Is Ripple Powering BlackRock’s $100 Trillion Blockchain Vision?

Story Highlights
  • Ripple and BlackRock may be quietly working toward the same goal, a fully tokenized financial system.

  • BlackRock plans to bring $100T in assets like stocks and real estate onto the blockchain.

  • Ripple is working on digital identity, tokenized assets, and cross-border payments.

There is growing speculation on X that BlackRock and Ripple may be working together behind the scenes. Some believe they’re building the same system from different angles, with tools like BlackRock’s Aladdin platform, the XRP Ledger, tokenized treasuries, and digital identity, all fitting into a larger plan.

Ripple now has legal clarity in the U.S., and several key figures have ties across Ripple, BlackRock, and Ondo Finance, adding more fuel to the theory.

BlackRock CEO Larry Fink recently said, “The next generation for markets will be tokenisation.” His goal is to bring over $100 trillion worth of assets, including stocks, bonds, and real estate, onto the blockchain.

Ripple’s Tokenization Strategy Mirrors BlackRock’s

However, to achieve that level of transformation, one thing is essential: digital identity. This is where Ripple becomes highly relevant. Ripple has been actively developing technologies around digital identity, cross-border payments, and is now pushing into tokenized real-world assets, including real estate, treasuries, commodities, and even CBDCs. This mirrors BlackRock’s own strategy to unlock $100 trillion through tokenization.

Notably, tokenized U.S. Treasuries are already live on the XRP Ledger through a partnership with Ondo Finance. The new asset, OUSG, is backed by money market funds, including one managed by BlackRock. In short, the theory claims that Ripple is building the blockchain infrastructure, and BlackRock is bringing in the liquidity.

Regulatory Clarity After the SEC Battle

Ripple spent years in a legal battle with the SEC over whether XRP should be considered a security. In the end, the court ruled that XRP is not a security, and Ripple walked away with a smaller fine. The outcome gave Ripple a clear legal status in the U.S, and it’s a major advantage moving forward.

Aladdin, XDNA & the Bigger Picture

BlackRock also manages an ETF under the ticker XDNA, focused on genomics, health data, and biotech infrastructure. Although it seems unrelated, it could point to a bigger trend: data, identity, and finance all moving on-chain.

There is also growing speculation about BlackRock’s Aladdin platform, which manages over $20 trillion in global assets. Some believe that Aladdin is testing blockchain-based cross-border payment systems, and RippleNet might be in the mix. 

A Network of Familiar Faces 

Notably, many key people behind these organisations share similar backgrounds. Nathan Allman, co-founder of Ondo Finance, used to work at Goldman Sachs, just like several top leaders at BlackRock. Besides, the former SEC Chair, Gary Gensler, who led the case against Ripple, is also a former Goldman partner. These connections point to a closely connected network behind the scenes.

Former SEC Lawyer Clears Up The Confusion 

However, a former SEC official jumped in to clarify that Ripple was sued by the SEC back in 2020, during the Trump administration, long before Gensler was appointed. The SEC lawsuit against Ripple was filed under Jay Clayton, not Gary Gensler. In fact, Clayton approved the case on his last day as SEC Chair. The investigation and decision to sue were made entirely under Clayton’s watch.

There is a lot happening behind the scenes, and Ripple seems to be right in the middle of it. However, it’s important to separate the facts from the theories. While the patterns and timing are interesting, not everything is confirmed.

XRP ETF Speculation Grows

There has been growing speculation around BlackRock filing for a spot XRP ETF, but so far, no official confirmation has been made. Experts note that BlackRock typically moves only when regulatory clarity is in place. Now, with the Ripple vs. SEC case nearing its end and new crypto regulations taking shape, the conditions may finally be aligning.

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FAQs

Is BlackRock working with Ripple on blockchain infrastructure?

There’s speculation, but no official confirmation. Some believe they’re building similar systems from different angles.

What is BlackRock’s Aladdin and how does it connect to Ripple?

Aladdin manages $20T in assets. Some say it’s testing blockchain systems like RippleNet for cross-border payments.

Has BlackRock filed for a spot XRP ETF?

Not yet. But speculation is rising now that Ripple has legal clarity and U.S. crypto regulation is evolving.

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