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Singapore’s DBS Values Crypto Payments Firm Ripple at $11.3bn

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July 08, 2025

By Our Correspondent

New tendencies in traditional finance are shown by Singapore’s largest bank DBS’s $11.3 billion valuation of the upstart token XRP. This is prior to Ripple’s 2026 IPO. Despite the regulatory obstacles, there is a strong institutional interest in blockchain.

By holding a tender to buy XRP, a Reuters report from January 2024 revealed institutional intent on blockchain. CEO Brad Garlinghouse declared in March that he intended to have an initial public offering (IPO) in 2026 within a 12-month timeframe. It is a sign that XRP is headed for rapid expansion.

Ripple’s cross-border payments pose a challenge to established systems like SWIFT. Ripple Technology has gained traction in Southeast Asia, with DBS taking the lead.

According to a 2019 Tron Weekly article, the Ripple is incredibly effective at making payments. Furthermore, a 2021 BIS study suggested that blockchain may save transaction costs by 30%. The fact that the Southeast Asian market has adopted it suggests that blockchain technology is becoming more widely used. DBS’s valuation follows local patterns, which is proof that Ripple is upending established financial systems.

Ripple’s potential 2026 initial public offering (IPO) indicates that it is becoming as a significant force in the global financial arena. Blockchain is attracting interest from many businesses, which will soon improve its standing in the market. This technology’s application in cross-border payments also indicates that it will play a significant role in financial infrastructure in the years to come.

Since the price of ripples is rising, mainstream finance will face competition. DBS’s involvement is only a sign of how the conventional banking industry is opening up to blockchain technologies. This shift could ultimately change the financial landscape and lead to more efficient and affordable transaction methods globally.

Blockchain technology is becoming more and more popular, and big banks are a big backer of this technology. As more and more institutions adopt blockchain, the future of finance is being transformed into the future of blockchain. The technology has the potential to boost productivity and save costs.

The use of blockchain by financial organizations will lead to a more efficient market. The financial systems could undergo significant transformation in the upcoming years. In Latin America, traditional and virtual finance may merge in the future.

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