Bullish Equiniti Acquisition | Evernorth XRP Board Members | XRP ARMY Brad Garlinghouse | DTCC Trill

Added: 2026-05-06

[00:00:12]What's up everybody? James Rule XRP for another video. Yes, I missed you all yesterday, Tuesday. I was busy with family. We all were together all day.

[00:00:23]But I tell you what, I'm going to make up for it this morning. I got a lot of news to cover. a lot of partnerships, a lot of bullish news, and we're going to cover it all in one video. Man, I tell you what, I made a post yesterday talking about the things I like most about XRP Las Vegas.

[00:00:41]And the things I like most about XRP Las Vegas this year is that it was more personal and close. You know, getting to meet the community in person was more important to me than the presentations.

[00:00:56]getting to meet families, getting to meet individuals, getting to meet couples, newlyweds, whatever in the community that are so excited, even with the market down is just an incredible feeling. And if you haven't attended one of these major events, I highly suggest you do one when you're able to afford one. Live, laugh, love, and huddle. And make sure to follow me on Twitter atallthemoney.

[00:01:24]Now, I always talk about IT Trust Capital. I trust Capital was the sponsor at XRP Las Vegas, and they have been incredible to me because I'm now over 59 and a half. I can now draw from my traditional IRA at it Capital whenever I want to.

[00:01:42]They have held my digital assets for years. I have a premium custody account.

[00:01:47]I have a Roth IRA. Um, and they are incredible. and they are introducing tokenized stocks in the very near future. So, you can get it all one and done at it Capital. It's free to sign up as soon as you fund your account. You can even roll over an old 401k that's not doing anything and get a $100 funding bonus and trade 24/7 365 in digital assets and have tax advantages.

[00:02:14]It is a winwin winwinwin with iTrust Capital. Let's take a look at numbers.

[00:02:20]Market cap 2.76 trillion up 1.2%.

[00:02:23]Bitcoin is over 80,000. Ethereum 2360.

[00:02:27]XRP is above a $140 $141.

[00:02:30]Let's go ahead and take a look at the news. So, Chart Nerd gets this out. The video is low volume quality. So, I'm I'm just going to read this to you because the last video I made, I talked about the DTCC getting with over 50 firms including Ripple Prime.

[00:02:50]to get tokenization out to the masses.

[00:02:53]We're talking trillions and quadrillions. Listen to this right here, and I'm going to just read it to you.

[00:02:58]DTCC's Naen Shakar just confirmed that the July 13, 2026 soft launch for US asset tokenization where Ripple Prime is positioned within the framework, stating the firm custodies around $115 trillion, processes $1.4 4 million in securities and settles roughly four quadrillion dollar annually. That's 15 zeros behind the one or behind the four. Four quadrillion dollars annually. Big things are coming people. And people out there don't even realize what's going to hit them. You and I and many of the OGs out there have been in this for years and so many people are going to call us lucky.

[00:03:50]So many people are going to say, "Well, yes, you kept bothering and bugging me and you kept telling me about XRP and other digital assets and you just kept pushing and pushing and pushing and now I see why you were pushing."

[00:04:05]Because it happened. That's what they're going to say.

[00:04:09]Now I have that aha moment. I could buy it at a higher price. Yay. [laughter] Evernorth. This is pretty massive.

[00:04:18]Ashish Burla is the CEO at Evernorth. He was at XRP Las Vegas. Evernorth is the largest XRP treasury in the world.

[00:04:28]Today, yesterday they announced four directors expected to join their board upon closing of their business combination with Armada Acquisition Corp. 2. They join Evernorth CEO Ashgo Blue and complete our board. This is Ashish Burla at Ashgo Blue.

[00:04:48]Stu Alderati. Met him in person at SWIL last year. Wonderful individual. Chief legal officer at Ripple. He's been the chief legal officer at Ripple since 2019. He's the president of the National Cryptocurrency Association and formerly general counsel at CIT and HSBC North America. He joins the board.

[00:05:08]Congratulations, Steu. Look at this.

[00:05:11]Robert Kadan joins the board. He is the CFO of the Open AI Foundation. People, chief accounting officer of Twitter from 2015 through 2022, including its public company years, former audit partner at Deote.

[00:05:28]Ted Janice joins the board, principal at J Capital since 2009, previously as partner and director of research at Palo Alto investors, CFA charter with over 30 years of investing. And then Dr. Dor Islam joins the board. most recently COO of Antalpha, previously COO and interim CEO of Genesis Global Trading, where he led the firm through restructuring and two executive appointments alongside the board. Boris Capella, chief risk officer, and Charles Stewart, chief communications officer. This is massive, people.

[00:06:05]I mean, we're talking AI. We're talking the legalities. We're talking mega mega billions and trillions of dollars XRP treasury. It's pe it's going to hit you right between the eyes. People that aren't listening to me or that haven't listened to me. Brad Garlinghouse said that AI is driving growth at Ripple, not layoffs. The opportunity is so big.

[00:06:29]We're not using AI to reduce headcount.

[00:06:32]They are using AI to drive growth at Ripple. people. Brad Garlinghouse was at Consensus Miami [snorts] and here they talk about the XRP army and I'm going to play this twominute clip for you and you shall have a listen. Ripple as a brand is one that to me defies logic only because you have such a loyal fan base.

[00:06:56]Uh the the the sort of XRP army online is so strong. Tell me about how you thought about building that and and just the sort of the idea of all these people coming along this journey with you. What does that feel like?

[00:07:09]>> Yeah. Well, I I'll start by saying I I remember the first time I went to Davos, I ran into a a central banker from another country and he I'd met with him previously. He's like, I'm surprised you're here. You know, here crypto is still a bad word. And that was about seven years ago. And I think we have come as an industry a very long way where, you know, crypto is no longer a bad word. But on the topic of the XRP army, look, one of the greatest things about crypto in general is the community behind it. The people who see the opportunity for rewiring financial infrastructure using technologies that reduce cost, improve speed, like these are unlocks. uh like the XRP army has been an unbelievable uh supportive group allies and you know I I have also said to that community and to the entire crypto community tribalism is bad for our industry. Uh I I've never been an XRP maxi and people who uh are out there kind of just it's not going to be a onechain world. It's going to be a multi-chain world. I want to see Bitcoin be successful. I love what's going on in the XRP ecosystem. I was in Vegas last week at XRP Las Vegas and it was the most vibrant, the most active that that community has ever been. It was really spectacular.

[00:08:21]>> And and it does feel like you you're out there with a message, hold us accountable.

[00:08:24]>> Yeah.

[00:08:25]>> Make us do the work.

[00:08:26]>> For sure. I mean, look, Ripple has always been the most interested advocate in the XRP ecosystem. We own a ton of XRP. That doesn't give us control of XRP. We're not proof of stake uh and how that architecture works. But you know, we have always been leaning in and how do we do things that are good for the XRP ecosystem. All the acquisitions we made, all the building we're doing is in service of how do we accelerate the adoption, the usefulness of XRP, the liquidity of XRP, and the trust of XRP.

[00:08:54]>> All right, Brad, we got to leave it there. Thanks so much for joining us at the desk and we hope you enjoy the rest of consensus.

[00:08:58]>> Absolutely. Thanks, Brad.

[00:09:00]>> All right, that was Ripple CEO Brad Garlinghouse.

[00:09:03]>> All right, Brad Garlinghouse, not an XRP maxi. I tell you what, he was at XRP Las Vegas. He and David Schwarz and other people that were on the panels were just amazing because they took pictures of everybody. They they converse with everybody. The XRP army is and I'm just proud that I'm a member of the XRP army as well as top grandpa right here. I'm a proud member of the XRP army. Yes, he is. [laughter] Let's keep going. Volvo, the car company, automobile company is listed in RI Ripple Treasury as digital finance grows. It says the appearance of automotive giant Volvo. On the official website of Ripple's enterprise treasury management platform, Ripple Treasury has garnered significant attention in both financial and crypto communities. This development underscores a growing corporate shift towards adopting digital assets and rapid financial infrastructures for treasury management, payments and liquidity operations.

[00:10:07]People, do you realize that all of these major players, the Walmarts, the Volvos, the Coca-Cas, they're all going to be using the blockchain, the underlying blockchain to make transactions happen, to make invoices happen, to make everything happen. Everything is going to be tokenized. and we're right in the middle of it.

[00:10:27]Now, this is the big news. Bullish has entered into a definitive agreement to acquire Aquenti, oh no, Equin Aquinity, I'm sorry, a leading global transfer agent serving nearly 3,000 issuer clients, 15,000 total corporate clients, and 20 million shareholders processing $500 billion in annual payments. And get this, Bullish acquired equin equinity from Cirrus in a $4.2 billion transaction, that is massive. I mean, Ripple has acquired for a billion here, a billion and a half there. But for them to acquire this for $4.2 billion is massive. I'm going to leave a copy of this from the bullish.com web page so you can tear it down yourself. I had AI actually break it down what this is. Bullish acquires Equinity and a $4.2 billion deal. Equin Equinity is trade five power. Bullish is tokenization leader. All the facts and figures right here. It's I mean things are happening even when the chips are down people.

[00:11:38]Major things are happening when the chips are down. Here's another one for you. Kraken. Our new partnership enables fast crypto toash withdrawals across MoneyGram's global cash pickup network, supporting realworld crypto adoption worldwide. Crypto and Moneygram partner to turn crypto into cash at global scale, people.

[00:12:02]I mean, what's coming next? Ellie Terret, she keeps us updated on the Clarity Act and all that. And I'm I saw Ellie in Las Vegas and she was wonderful. She did some panel interviews. Absolutely. She is absolutely fantastic with crypto in America. She gets this out and she said that a divide is forming in bankland over the yield compromise. Big banks with consumerf facing arms are taking issue while those without appear more comfortable with the final language.

[00:12:32]Some community banks are also signaling support through the ICBA, which represents him in Washington, is voicing concerns. Following her conversation with a larger bank that shares the concerns of the trades, the core issue is that the language is drafted too narrowly and still leaves room for crypto firms to work around the restriction. In their view, it's not a true compromise because it doesn't eliminate yield completely. It just changes how it's offered. The trades are planning to ramp up to outreach to Senate Banking Committee members beyond just Tom Tillis and also Brooks ahead of the markup. I'm told the lead negotiators appear to suggest the issue was closed in a joint statement last night. More to come tomorrow in Crypto American Newsletter. I can't wait to see it. And um you know, some amazing things are happening. The banks are having a fit that stable coin yield is happening on these exchanges for just having the stable coin sitting there. And I love it because my RLUSD is making yield on Uphold and it's sitting there and it's making money, baby.

[00:13:37]>> [snorts] >> I'm glad I could update you. There's more videos coming out today. Be sure to subscribe to the James Ru Crypto Show.

[00:13:45]Yes, I'm Chatty Kathy this evening, but that's the way I am. I give it to you in my own unique kind of way. I'm a god-fearing Southeast Texan. And u we'll see you on the flip side. And as I will always say at the end of every video, I told you so.