At Ripple’s Swell 2025 conference in New York, BlackRock digital assets executive Maxwell Stein delivered what many are calling a watershed moment for institutional blockchain adoption. Stein declared that „the market is ready for large-scale blockchain adoption” and specifically credited Ripple’s infrastructure as the potential rails for moving trillions of dollars on-chain. His remarks validated the XRP community’s long-standing belief that Ripple’s technology would bridge traditional finance and decentralized systems, with social media erupting in celebration of this endorsement from the world’s largest asset manager. Stein emphasized that blockchain has evolved from speculative concept to functional financial infrastructure, pointing to existing tokenization of fixed income, bonds, and stablecoins as proof of real-world utility.
However, the initial excitement was tempered by legal caution from prominent XRP advocate Bill Morgan, who questioned whether Stein’s comments represented official BlackRock policy or personal opinion. This distinction carries significant weight, as an official endorsement would signal imminent institutional adoption while a personal view remains merely influential commentary. The cautious perspective found support in Nasdaq CEO Adena Friedman’s concurrent remarks emphasizing that regulatory clarity remains essential for full-scale institutional participation, despite acknowledging the digital asset market’s maturation and banks’ existing experiments with tokenized assets.
The conference revealed a financial industry at a convergence point, where traditional finance leaders increasingly view blockchain not as experimental technology but as emerging infrastructure standard. Despite these significant developments and Ripple’s growing institutional partnerships, XRP’s price performance told a different story, declining over 4% to $2.21 even as the fundamental narrative strengthened. This disconnect highlights the complex relationship between market validation and immediate price action in the digital asset space, suggesting that while institutional acceptance is accelerating, market dynamics continue to operate on multiple timelines.
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Forrás: https://beincrypto.com/blackrock-nasdaq-ripple-swell-2025-blockchain/.