In a recent discussion, Sal Gilbertie, CEO of Teucrium, showcased his strong belief in the value of XRP, emphasizing its unique utilities and robust professional support. He highlighted why his organization opted for Ripple’s native token, referring to it as an exemplary “bridge currency” among digital assets.
During an interview with Bloomberg, Gilbertie praised the Ripple team’s professionalism, asserting that they are “really professional people working really hard.” He expressed confidence in XRP, stating, “We’re not making a price prediction, but we do believe it’s a coin with the most utility out there.” He contrasted XRP with Bitcoin, indicating that while Bitcoin serves primarily as a store of value, XRP presents tangible real-world applications.
Gilbertie further likened the Ripple team to seasoned investment bankers, noting their expertise and commitment to making XRP successful. “They know what they’re doing, and they will make this work,” he commented, emphasizing the credibility of the team behind the token.
Teucrium, a firm known for commodity ETFs, has been increasingly acknowledging the potential of digital currencies. This trend aligns with other traditional finance institutions that are starting to venture into the crypto space, driven by the utility that cryptocurrencies like XRP offer. Gilbertie’s positive remarks are a testament to Ripple’s mission — leveraging blockchain technology to address real-world challenges, especially in the realm of cross-border transactions.
Teucrium’s strategic decision to include XRP among its potential future investments highlights a focus on the practical implementation of cryptocurrency in today’s market.
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