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During the last session Ask Me Anything (AMA), Ripple's CEO, Brad Garlinghouse and Cpple Johnson, Ripple's Chief Market Strategist, discussed the Ripple platforms, XRP (XRP) and future reserves for the blockchain and cryptocurrency industries. However, the most exciting part of the session was that relating to Wall Street and institutional investors, and how the Q3 2018 could change the game for XRP.
Brad Garlinghouse was asked by Cory Johnson what his opinion is about institutional investors and the interest of Wall Street in the encrypted. At that question, Ripple's CEO revealed some information about what Q3 2018 reserves for Ripple's XRP.
"One of the things I'm going to take for a future announcement in the third quarter market reports, which we always share … where we see institutional participation in the purchase of XRP. The third quarter of 2018 will surely be a record of institutional participation in the purchase and interest in maintaining XRP (XRP), "said Brad Garlinghouse.
XRP (XRP) will skyrocket in the third quarter of 2018 thanks to institutional investors?
From what Brad Garlinghouse stated, it would appear that both institutional investors are already interested in XRP (XRP) and the purchase of the asset, or they will start to buy Ripple's XRP massively in the Q3 2018.
However, many wonder why XRP (XRP) the price has not yet skyrocketed with so many innovations and institutional investors buying Ripple's digital heritage. Well, this could happen because these investors do not regularly use cryptocurrency trading platforms, but buy over-the-counter (OTC) XRPs.
Regarding custody problems, Ripple's CEO said that "you are seeing very interesting companies start solving the problem of institutional reliance, and this prepares us well for the back half of 2018 and also 2019. "
Now, with Bitcoin (BTC) and most other cryptocurrencies showing stability, once again, XRP (XRP) could again gain momentum in the market, supported by institutional investors and the interest of Wall Street for the encrypted. In addition, the xRapid platform will be available soon and will show everyone that Ripple's XRP is a utility for faster and safer cross-border payments.
