WisdomTree 在欧洲推出最新的加密资产 ETP，提供直接支持的 XRP（Ripple 网络的原生代币）敞口

Ripple的法律麻烦现已完全解决。 WisdomTree实物XRP ETP（WXRP）已在瑞士六大交易所上市，以美元和瑞士法郎计价

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

WisdomTree 在欧洲推出了最新的加密资产 ETP，提供对 Ripple 网络原生代币 XRP 的直接支持。

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 实物 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欧交易所上市，以欧元在 Xetra 和巴黎泛欧交易所上市。

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于2012年推出，旨在提供实时的全球结算网络，实现快速、低成本、节能的交易，实现3-5秒内的结算。

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.

该网络与 SWIFT 相当，但更现代，由开源、去中心化的区块链组成，采用独特的关联证明 (PoA) 共识机制而不是挖矿，促进快速交易验证，同时最大限度地减少能源使用和硬件需求。

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 充当桥梁货币，允许法定货币或数字资产之间快速转换和转移价值，无需中介。 XRP 在公开市场上自由交易，支持现实世界的应用程序，使 Ripple 成为全球金融转移的可扩展和创新解决方案。

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.

纵观其历史，瑞波币一直面临着争议。 2020 年 12 月，美国证券交易委员会宣布将起诉 XRP 开发商 Ripple Labs 非法向散户投资者出售该代币。美国证券交易委员会声称 XRP 实际上是一种证券，因此其未经注册的发行违反了联邦证券法。多年来，这起诉讼给 Ripple 和 XRP 的未来带来了巨大的不确定性。

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.

不过，目前该案已经完全解决。 2023 年 7 月，一名联邦法官裁定 XRP 在公共交易所交易时不属于证券，这为 Ripple 带来了部分胜利。尽管该公司于 2024 年 8 月因特定的不当代币销售而被勒令支付 1.25 亿美元的罚款，但 SEC 于 2024 年 10 月撤销了针对 Ripple 高管的所有剩余索赔。

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.

随着这场法律战的结束，Ripple 有望重新赢得投资者的信任，为人们重新产生兴趣并采用其支付技术打开大门。截至 11 月 22 日，XRP 总市值为 872 亿美元，成为全球第六大加密资产。

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 物理 XRP ETP 为投资者提供了通过流动性、受监管的工具方便地访问 XRP 的方式，消除了管理私钥或加密钱包的技术挑战。

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.

它采用完全抵押的所谓“物理”复制模型，每个 ETP 份额 100% 由使用机构级托管解决方案存储的 XRP 代币支持。

The ETP comes with an expense ratio of 0.50%.

ETP 的费用率为 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 数字资产研究总监 Dovile Silenskyte 评论道：“随着风险情绪的建立，XRP 等山寨币的表现可能会优于标准的比特币和以太币配置。 XRP 可以与多资产投资组合中的这些巨型股票并列，并减少投资者对单一代币的风险敞口。加密货币占市场投资组合的 1% 以上，因此应该成为全面投资策略的组成部分。作为与传统资产类别相关性较低的资产类别，加密货币可以帮助增强多元化，并有可能提高多资产投资组合的风险调整回报。”