Teucrium CEO: “I Like XRP. It Will Be Used as a Tool in the Future to Move Money”

In a recent interview shared by crypto researcher SMQKE, Sal Gilbertie, CEO of Teucrium, showcased his XRP endorsement, indicating a clear and favorable institutional perspective toward the digital asset. In his conversation with ETF analyst Neta Geraci, Gilbertie openly stated his support for XRP, emphasizing both its established infrastructure and its practical utility in cross-border asset movement . Gilbertie began by distinguishing his views on various digital assets, noting that while Teucrium had not engaged much with Ethereum, he favors XRP. “I happen to really be an XRP fan,” he said. He described XRP as possessing a “good use case” and labeled it “very legitimate,” further expressing his respect for the team behind the project, remarking that “they’re smart people and I like the asset.” According to Gilbertie, Teucrium recognized a shift in the regulatory environment following changes at the Securities and Exchange Commission (SEC). He referred to a more “friendly atmosphere toward crypto by the new SEC” and explained that this environment prompted Teucrium to take immediate action in the market. “As soon as the old SEC was out of power… we launched as soon as we possibly could,” he explained, reflecting on the speed and determination with which the firm moved in response to improved regulatory conditions. TEUCRIUM CEO: “I LIKE XRP + IT WILL BE USED AS A TOOL IN THE FUTURE TO MOVE MONEY” “There’s enough XRP out there and the SYSTEM IS ALREADY BUILT” Listen closely. Institutions are bullish on XRP as an asset. pic.twitter.com/lzVshhnycK — SMQKE (@SMQKEDQG) April 12, 2025 XRP Positioned as a Tool for Global Value Transfer When Geraci asked Gilbertie to explain XRP in simple terms, his response highlighted its functional role in the financial system. “It’s a tool that’s gonna be used to expedite the movement of assets, primarily money, around the world, almost instantaneously,” he said. He emphasized that the technology behind XRP has already been fully developed, noting, “They’ve built out the platform and the system.” Gilbertie also pointed to the circulating supply of XRP as adequate for fulfilling its intended use case. “There are enough XRP out there and around,” he stated, indicating confidence in the asset’s distribution model. He underscored that Ripple, the company associated with XRP’s development, has shown a willingness to work within regulatory frameworks . “They’re willing to be regulated. They want to be regulated,” he said, highlighting a key point for institutional participants who prioritize regulatory clarity. Favorable Regulatory Climate Strengthens Institutional Engagement The Teucrium CEO expressed optimism about the broader political climate for digital assets, stating, “We’ve got hopefully an administration, which appears to be very crypto-friendly, and we’re very glad about that.” His comments suggest that Teucrium’s crypto strategies are directly influenced by the stance of current U.S. leadership, which he sees as open to fostering digital asset innovation. SMQKE, in their tweet, summarized the significance of Gilbertie’s statements, quoting his remark that “XRP will be used as a tool in the future to move money” and underscoring that “the system is already built.” The researcher emphasized that institutions are becoming increasingly confident in XRP as an asset. The interview reveals an institutional belief that XRP is functional and ready for use in the global financial system. With statements like these, the support for XRP will continue to grow among financial firms and market participants who value technological readiness and regulatory alignment. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Teucrium CEO: “I Like XRP. It Will Be Used as a Tool in the Future to Move Money” appeared first on Times Tabloid .

Source: TimesTabloid