XRP adoption rises: $4B tokenized assets, ETF inflows
Evernorth reports about $4B in tokenized assets on the XRP Ledger, eight weeks of spot ETF net inflows totaling ~$1.47B and a 40% rise in new wallets in late June.
Evernorth, an XRP treasury company, posted on X on July 6 with three measures of recent activity on the XRP Ledger: tokenized real-world assets, spot ETF capital flows and new wallet creation.
The company reported roughly $4 billion in tokenized real-world assets on the XRP Ledger across more than 500 products. Evernorth’s chart compared that on-chain total with roughly $900 million in net assets held by spot XRP ETFs, placing tokenized assets at about four times the size of the ETF market.
As an example of institutional use, Evernorth noted a Treasury redemption earlier this year that involved JPMorgan, Ondo and Mastercard and that the companies said settled on the XRP Ledger in about four seconds. The assets in that transaction were described as tokenized Treasurys, funds and other real-world assets settled on-ledger.
On investment flows, Evernorth reported spot XRP ETFs recorded eight consecutive weeks of net inflows. The firm listed roughly $23 million of inflows in the last full week of June and cumulative ETF investments of about $1.47 billion.
User activity data showed a rise in new wallet creation in late June. Evernorth reported weekly new-wallet counts increasing from 18,100 at the start of June to 26,000 by June 29. Intermediate weekly totals cited were 16,900, 18,400 and 24,400, which the company summarized as about a 40% increase in the final full week of June compared with the start of the month.
Evernorth characterized the pattern as demand appearing in three areas at once and posted: “Demand for XRP is turning up in three places at once.” The company added that the data is a snapshot and that more data over time would be needed to determine whether the trends represent sustained adoption.
The figures published by Evernorth provide a consolidated view of on-chain tokenization, ETF flows and wallet-level activity on the XRP Ledger as of early July.
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