Ripple has recently announced a series of developments that underscore its expanding influence in both the Middle East and global banking sectors, while also highlighting significant investor interest in its spot ETFs and an upcoming community event.
At a Glance
- Ripple partners with Jeel and DXC to integrate blockchain into Saudi Arabia’s financial ecosystem and core banking platforms.
- Spot XRP ETFs have attracted $1.24 billion in net inflows since launch.
- XRP Community Day will take place on February 11, featuring a fireside chat with CEO Brad Garlinghouse.
Why it matters: These moves signal Ripple’s continued push to embed its technology in mainstream finance and demonstrate growing institutional confidence in XRP.
Ripple Partnerships Expand in Middle East and Global Banking
Ripple has announced two notable collaborations that broaden its reach.
Jeel – Riyad Bank’s Innovation Arm
Reece Merric, Ripple’s Managing Director, Middle East & Africa, revealed the partnership with Jeel. The goal is to advance Saudi Arabia’s financial future through blockchain innovation.
> “The Kingdom’s visionary leadership has established Saudi Arabia as a forward-thinking global hub for digital transformation. Together with Jeel, we’ll explore use cases for cross-border payments, digital asset custody, and tokenization in support of the Vision 2030 agenda,” said Merric.
Key focus areas include:
- Cross-border payments
- Digital asset custody
- Tokenization for Vision 2030 initiatives
DXC Technology
Ripple also signed a deal with DXC Technology, a multinational IT services and consulting firm with over 125,000 employees. DXC will embed Ripple’s blockchain technology into its Hogan core banking platform, which handles $5 trillion in deposits and 300 accounts worldwide.
> “Banks are under increasing pressure to modernize while continuing to operate on complex infrastructure. Our partnership with DXC brings digital asset custody, RLUSD, and payments directly into the core banking environments institutions already trust. Together, we’re enabling banks to deliver secure, compliant digital asset use cases at enterprise scale without disruption,” said Joanie Xie, VP and Managing Director, North America, Ripple.
The collaboration will:
- Integrate digital asset custody
- Add RLUSD and payment capabilities
- Maintain compliance and security standards
XRP Community Day Set for February 11
On January 27, Ripple announced via X that the XRP Community Day will commence on February 11. The event will feature a fireside chat with CEO Brad Garlinghouse and crypto podcaster Tony Edward.
Topics to be covered include:
- XRP’s growing use in capital markets infrastructure
- Community longevity and stability
- Macro shifts in institutional adoption and market acceptance of crypto
The live discussion will be streamed on X Spaces, offering global participants a chance to engage directly with Ripple leadership.
Spot XRP ETFs Generate Significant Inflows
The first spot XRP ETF in the U.S., launched by Canary Capital in November last year, has sparked a wave of interest. Following its debut, Bitwise, Franklin Templeton, 21Shares, and Grayscale introduced their own ETFs.
Since inception, the products have attracted a cumulative net inflow of $1.24 billion. A breakdown of the top holdings is shown below.
| ETF | Net Inflow | Share of Total |
|---|---|---|
| Canary Capital XRPC | $346 million | 28% |
| Bitwise XRP | $324 million | 26% |
| Franklin Templeton XRP | $?? | ?? |
| 21Shares XRP | $?? | ?? |
| Grayscale XRP | $?? | ?? |
The robust inflows underscore institutional appetite for direct exposure to XRP without the complexities of custody and settlement.
XRP Price and Technical Analysis
Following a market correction, XRP’s price fell below $1.90. Despite the dip, community sentiment remains optimistic.
User EGRAG CRYPTO noted that XRP has formed a “triple bottom pattern,” suggesting a potential rally to well above $20. Meanwhile, ChartNerd offered a more conservative outlook:
> “If XRP defends $1.80 like it has for the past 13 months, descending resistance awaits above, and if cleared… would signal the shift back to $2.70,” they added.
These analyses highlight the ongoing debate over XRP’s short-term trajectory.
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Key Takeaways
- Ripple’s new partnerships with Jeel and DXC expand its blockchain footprint in the Middle East and global banking.
- Spot XRP ETFs have drawn $1.24 billion in net inflows, indicating strong institutional demand.
- XRP Community Day on February 11 will feature a high-profile discussion on the token’s role in capital markets.
- Despite a recent price decline below $1.90, community analysts remain bullish on XRP’s long-term upside.
