Crypto markets received a fresh institutional signal on June 9, 2026, after the Depository Trust & Clearing Corporation (DTCC) confirmed that Ripple Prime had been selected to join its tokenization working group. The announcement places Ripple at the center of Wall Street’s core infrastructure, a development that pundits are calling a major bullish catalyst for XRP.
DTCC, which clears an eye‑watering $114 trillion in transactions annually, named Ripple Prime among more than 50 firms participating in a pilot that will launch production trades of tokenized real‑world assets in July 2026, with a full service rollout expected in October. Fellow working group members include BlackRock, Goldman Sachs, and JPMorgan – signaling that Ripple’s brokerage arm is now rubbing shoulders with the giants of traditional finance.
Analyst ChartNerd underscored the significance by noting that Ripple Prime already operates across all U.S. states and allows clients to use XRP and RLUSD for trading, collateral, and post‑trade settlement. The timing coincides with a surge in tokenization activity on the XRP Ledger: RWA.xyz data shows total real‑world asset value on XRPL has crossed $4 billion, up over 10% in the past 30 days, accompanied by growth in stablecoin market cap, holders, and transaction volume.
Separately, Bank of America’s expansion of cross‑border payments via SWIFT has drawn attention to its existing ties with Ripple. The bank is both a RippleNet member and a participant on Ripple’s Governance Committee, while also holding XRP exposure through the Volatility Shares XRP ETF. As pundit X Finance Bull noted, banks are “not choosing between SWIFT and Ripple – they are running both lanes simultaneously,” using SWIFT for global messaging reach and RippleNet for blockchain‑based settlement and on‑demand liquidity where speed and capital efficiency matter. At press time, XRP traded around $1.15, up over the last 24 hours.
