Ripple (XRP) News Today: January 15

Check out the latest and most important news related to Ripple and its ecosystem.

The original token, XRP, has missed the market-wide rally so far, but many analysts believe it will rise in the near future.

Ripple and Europe

Due to regulatory challenges in the US in recent years, the company has shifted its focus abroad, with Europe emerging as a key region. Earlier this week, it received preliminary approval for an electronic money institution license from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.

Once fully licensed, Ripple will be able to issue digital cash and offer services such as digital wallets, payment processing, money transfers and prepaid cards in CSSF-regulated jurisdictions.

Previously, Ripple Markets UK Ltd (the company’s subsidiary in the United Kingdom) secured registration with the Financial Conduct Authority (FCA), confirming compliance with local anti-money laundering and terrorist financing regulations.

Other European countries where Ripple has shown a strong presence include Switzerland, Ireland, Spain, and others.

The latest collaboration

Earlier today (January 15), LMAX Group (a global fintech company headquartered in London) announced a partnership with Ripple “to accelerate institutional stablecoin adoption and cross-asset mobility.”

You might also like:

Under the agreement, the former will integrate RLUSD (Ripple’s stablecoin) into its institutional trading infrastructure, giving customers access to multiple trading options.

The product, which was pegged 1:1 to the US dollar, was launched towards the end of 2024 and received support from many stock exchanges and well-known banking institutions. For example, the oldest US bank, BNY Mellon, serves as the custodian for RLUSD.

The asset has gradually climbed the crypto ladder and is currently the 81st largest digital asset, with a market capitalization of almost $1.4 billion.

Another green day for the ETFs

Canary Capital made history last November, becoming the first company to launch a spot XRP ETF in the US, which has 100% exposure to the token. Renowned names such as Bitwise, Franklin Templeton, Grayscale and 21Shares followed shortly afterwards, and investor interest was high.

According to data from SoSoValue, these financial instruments have generated cumulative net inflows of $1.26 billion to date, and the only day when outflows have exceeded inflows was January 7. Total net inflows over the past 24 hours were approximately $10.6 million.

XRP Price Outlook

At the time of writing, the asset is trading at around $2.12, representing an increase of just 0.6% on a weekly scale. This contrasts with the double-digit price spikes that other altcoins, such as Monero (XMR) and Internet Computer (ICP), have posted during the same period.

Despite the consolidation, many industry participants argue that XRP could be on the verge of a major bull run. X user Amonyx predicted pumping above $18, advising investors that “patience is key.” LEB CRYPTO is also very bullish, keep in mind exploding to nearly $60 in subsequent years.

However, there are some warnings of a pullback, with X user EGRAG CRYPTO describing a potential crash to $1.40-$1.20 as “the worst-case zone.”