XRP News Today: Ripple's Treasury Tokenization Sparks Speculation on Hidden BlackRock Alliance

A viral social media thread posted by crypto researcher Chain Mind (@0xChainMind) on July 23 has reignited speculation about a potential hidden alliance between BlackRock and Ripple, two major players in finance and blockchain technology. The thread, based on alleged leaked documents and observations, suggests the firms might be aligning toward a shared infrastructure under different public facades [1].

The connection reportedly stems from Ripple’s collaboration with Ondo Finance to tokenize U.S. Treasuries on the XRP Ledger, with the resulting asset, OUSG, acting as a wrapper for money market funds linked to products like the BlackRock USD Treasury fund. Ripple provides the blockchain infrastructure, while BlackRock is alleged to supply liquidity, creating a symbiotic relationship [1]. Further, Nathan Allman, co-founder of Ondo Finance, previously worked at Goldman Sachs, a firm with overlapping ties to BlackRock’s leadership, including Gary Gensler, the former U.S. SEC Chair. Gensler, who spearheaded the regulatory battle against Ripple, now appears part of a network of overlapping affiliations, raising questions about potential coordination [1].

Unverified claims also highlight unusual timing and technical alignments. For instance, the $XDNA token reportedly launched on the same day Donald Trump signed a key legislative bill, coinciding with the reactivation of dormant Bitcoin wallets from 2011. The $XDNA ticker’s similarity to BlackRock’s DNA ETF has fueled theories of strategic signaling. Meanwhile, Ripple’s XRP Ledger (XRPL) has evolved to support decentralized identities and sovereign data storage, aligning with BlackRock CEO Larry Fink’s public advocacy for tokenization as the future of financial markets [1].

BlackRock’s Aladdin AI system, which manages over $20 trillion in assets, is also under scrutiny. Unverified allegations suggest it has tested RippleNet and XRP Ledger capabilities for cross-border payments. The compatibility of Ripple’s and Fedwire’s infrastructures with the ISO 20022 global messaging standard has further intensified interest in their interoperability [1].

Despite these claims, neither Ripple nor BlackRock has confirmed any partnership or coordinated strategy. The details in the thread remain unverified, and there is no concrete evidence to substantiate the allegations of a unified operation. Ripple’s recent legal victory over the SEC—where a court ruled XRP not a security on secondary exchanges—has added to the intrigue but does not clarify any direct ties to BlackRock [1].

The speculation underscores the growing convergence between blockchain infrastructure and traditional financial systems. Ripple’s pivot toward identity-centric systems, as outlined by CEO Brad Garlinghouse, could position the XRP Ledger to address future financial infrastructure demands. However, without official confirmation, the connection between Ripple and BlackRock remains a subject of debate rather than a proven collaboration.

Source: [1] [title1Ripple and BlackRock Connected? Interesting Details Surface Online] [url1https://coinmarketcap.com/community/articles/68821805e42e5c1daa4a5eee/]