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Ritika Gupta

Ripple and BNY Mellon tokenized deposit deal signals new institutional phase for XRP

BNY Mellon has launched tokenized deposits for institutional clients and selected Ripple Prime as an early adopter. This collaboration positions Ripple at the center of a potential "digital dollar" shift, as XRP ETFs have accumulated $1 billion in assets under management since their November launch despite XRP ending 2025 down 12%.