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XRP’s next Wall Street expansion comes with an unexpected complication from Ripple

Ripple's planned expansion into Wall Street faces an unexpected challenge related to XRP valuation. According to CryptoSlate, while management retains cost-based impairment, a rise in XRP's price alone will not boost earnings through revaluation of holdings.

XRP’s next Wall Street expansion comes with an unexpected complication from Ripple
Image: CryptoSlate

Ripple's planned expansion into Wall Street faces an unexpected challenge related to XRP valuation. According to CryptoSlate, while management retains cost-based impairment, a rise in XRP's price alone will not boost earnings through revaluation of holdings.

Sources

  • CryptoSlate — XRP’s next Wall Street expansion comes with an unexpected complication from Ripple

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