As a staunch proponent of Ripple and investor in $XRP.X, it's always exciting for me when there's good news surrounding Ripple; whether that be the SEC's latest ruling on $XRP.X or investments and partnerships that Ripple finalizes. And there is recent news again: Ripple is investing in the metaverse.

"Futureverse, an AI and metaverse technology and content company, has raised $54 million in a new round of funding in an effort to marry AI and the metaverse."

Now I know the metaverse is so 2022, but just because it’s fallen out of favor with the mainstream, doesn’t mean that there aren’t metaverse plays being made behind the scenes, and Ripple is doing **just** that.

As VentureBeat reports:

This is **extremely** bullish for the space, as well as for Ripple and its token $XRP.X. If you’re not familiar with $XRP.X, let me provide a little more context.

The pillar of Ripple is its XRP Ledger(XRPL)—an open-source, energy-efficient, and decentralized blockchain—and it is “best in class” when it comes to cross-border payments. Transactions on the XRPL are both fast (~3-5 seconds per transaction) and low cost (fractions of a cent per transaction), making it ideally suited to support stablecoins and asset tokenization at scale. These transaction speeds are way faster than Bitcoin—which takes about 10min on average to confirm a transaction within the Bitcoin network. This in and of itself has been the main reason why governments all over the world have been partnering with Ripple to utilize the XRPL for transacting stablecoins and CBDCs.

In my opinion, $BTC gets the credit that $XRP.X should be getting, and it’s for some of the reasons laid out above. Regardless, Ripple is separate from $XRP.X, but they are the company that developed $XRP.X and the XRPL. I believe it’s only a matter of time before we start to see the real value of $XRP.X reflected in its price, and before it becomes a well-known thing that Ripple is the company to watch (if people aren’t beginning to pick up on that already).

One last thing…