WisdomTree 在歐洲推出最新的加密資產 ETP，提供直接支援的 XRP（Ripple 網路的原生代幣）曝險

Ripple的法律麻煩現已完全解決。 WisdomTree實體XRP ETP（WXRP）已在瑞士六大交易所上市，以美元和瑞士法郎計價

WisdomTree has launched its latest crypto asset ETP in Europe, offering directly backed exposure to XRP, the native token of the Ripple network.

WisdomTree 在歐洲推出了最新的加密資產 ETP，提供直接支援的 XRP（Ripple 網路的原生代幣）曝險。

The WisdomTree Physical XRP ETP (WXRP) has been listed on SIX Swiss Exchange in US dollars and Swiss francs, on Euronext Amsterdam in US dollars, and on Xetra and Euronext Paris in euros.

WisdomTree 實體 XRP ETP (WXRP) 已在瑞士六所交易所以美元和瑞士法郎上市，以美元在阿姆斯特丹泛歐交易所上市，以歐元在 Xetra 和巴黎泛歐交易所上市。

Launched in 2012, Ripple is designed to provide a real-time global settlement network for fast, low-cost, and energy-efficient transactions, enabling settlements in 3-5 seconds.

Ripple於2012年推出，旨在提供即時的全球結算網絡，實現快速、低成本、節能的交易，實現3-5秒內的結算。

Comparable to SWIFT but more modern, the network consists of an open-source, decentralized blockchain that employs a unique Proof-of-Association (PoA) consensus mechanism instead of mining, facilitating rapid transaction validation while minimizing energy use and hardware demands.

該網路與SWIFT 相當，但更現代，由開源、去中心化的區塊鏈組成，採用獨特的關聯證明(PoA) 共識機製而不是挖礦，促進快速交易驗證，同時最大限度地減少能源使用和硬體需求。

XRP acts as a bridge currency, allowing quick conversion and transfer of value between fiat currencies or digital assets without intermediaries. Freely traded on the open market, XRP supports real-world applications, making Ripple a scalable and innovative solution for global financial transfers.

XRP 充當橋樑貨幣，允許法定貨幣或數位資產之間快速轉換和轉移價值，無需中介。 XRP 在公開市場上自由交易，支援現實世界的應用程序，使 Ripple 成為全球金融轉移的可擴展和創新解決方案。

Throughout its history, Ripple has faced controversy. In December 2020, the US Securities and Exchange Commission announced that it would be suing XRP’s developer, Ripple Labs, over unlawfully selling the token to retail investors. The SEC alleges that XRP is actually a security and, as such, its unregistered issuance broke federal securities laws. Over the years, this lawsuit created significant uncertainty for Ripple and XRP’s future.

縱觀其歷史，瑞波幣一直面臨爭議。 2020 年 12 月，美國證券交易委員會宣布將起訴 XRP 開發人員 Ripple Labs 非法向散戶投資者出售該代幣。美國證券交易委員會聲稱 XRP 實際上是一種證券，因此其未經註冊的發行違反了聯邦證券法。多年來，這起訴訟為 Ripple 和 XRP 的未來帶來了巨大的不確定性。

However, the case has now been fully resolved. In July 2023, a federal judge ruled that XRP is not a security when traded on public exchanges, offering a partial victory for Ripple. While the company was ordered to pay a $125 million penalty in August 2024 for specific improper token sales, the SEC dropped all remaining claims against Ripple's executives in October 2024.

不過，目前該案已完全解決。 2023 年 7 月，一名聯邦法官裁定 XRP 在公共交易所交易時不屬於證券，這為 Ripple 帶來了部分勝利。儘管該公司於 2024 年 8 月因特定的不當代幣銷售而被勒令支付 1.25 億美元的罰款，但 SEC 於 2024 年 10 月撤銷了針對 Ripple 高管的所有剩餘索賠。

With the legal battle behind it, Ripple is positioned to regain the trust of investors, opening the door for renewed interest and adoption of its payment technology. As of 22 November, XRP had a total market capitalization of $87.2 billion, making it the sixth-largest crypto asset globally.

隨著這場法律戰的結束，Ripple 有望重新贏得投資者的信任，為人們重新產生興趣並採用其支付技術打開大門。截至 11 月 22 日，XRP 總市值為 872 億美元，成為全球第六大加密資產。

The WisdomTree Physical XRP ETP provides investors with convenient access to XRP through a liquid, regulated vehicle, removing the technical challenges of managing private keys or crypto wallets.

WisdomTree 實體 XRP ETP 為投資者提供了透過流動性、受監管的工具方便地存取 XRP 的方式，消除了管理私鑰或加密錢包的技術挑戰。

It employs a fully collateralized, so-called “physical” replication model, with each ETP share 100% backed by XRP tokens stored using an institutional-grade custody solution.

它採用完全抵押的所謂「實體」複製模型，每個 ETP 份額 100% 由使用機構級託管解決方案儲存的 XRP 代幣支援。

The ETP comes with an expense ratio of 0.50%.

ETP 的費用率為 0.50%。

Dovile Silenskyte, Director, Digital Assets Research, WisdomTree, commented: “With risk-on sentiment building, altcoin exposures like XRP could outperform a standard bitcoin and ether allocation. XRP can sit alongside these mega-caps in a multi-asset portfolio and reduce investors’ exposure to a single token. Cryptocurrencies represent more than 1% of the market portfolio and should, therefore, be a component of a well-rounded investment strategy. As an asset class with low correlation to traditional asset classes, crypto can help enhance diversification and potentially improve risk-adjusted returns in a multi-asset portfolio.”

WisdomTree 數位資產研究總監 Dovile Silenskyte 評論道：「隨著風險情緒的建立，XRP 等山寨幣的表現可能會優於標準的比特幣和以太幣配置。 XRP 可以與多資產投資組合中的這些巨型股票並列，並減少投資者對單一代幣的風險敞口。加密貨幣佔市場投資組合的 1% 以上，因此應該成為全面投資策略的組成部分。作為與傳統資產類別相關性較低的資產類別，加密貨幣可以幫助增強多元化，並有可能提高多資產投資組合的風險調整回報。