WhiteRock XRPL testnet reports strong performance, AMA set for March 11

WhiteRock is a popular blockchain-powered decentralized brokerage platform. Its partnership with the XRP Ledger (XRPL) by Ripple is gaining considerable attention after the promising test net phase, hinting at a live launch soon.

Amid these developments, various financial firms are showing keen interest and are eyeing WhiteRock‘s whitelist before the live launch. This also reflects growing trust in XRPL’s ability to simplify tokenized securities and bonds. The company plans to onboard these partners shortly, which is a key milestone.

XRPL‘s 5-second transaction times and small fees give WhiteRock an edge over traditional brokers and some rivals. With 6.1 million accounts holding 62.5 billion XRP and a built-in decentralized exchange, it’s a strong foundation for tokenized asset trading. The launch of the world‘s first XRP ETF in Brazil has also highlighted XRPL’s rising profile.

WhiteRock‘s testnet, powered by XRPL, has turned heads with a network latency of 4.2 milliseconds and $324.5 million in 24-hour market activity. Settlement times hit 3.4 seconds, outpacing the standard T+2 process. Meanwhile, a market beta of 1.12 and manageable risk underscore XRPL’s reliability.

Backed by 2.8 billion transactions over 12 years, it‘s a solid base. Pizzolitto adds, “XRPL’s quick transactions fit our needs perfectly, setting us up for whats ahead.”

WhiteRock‘s WHITE token is starting to gain traction among traders; the platform is growing by supporting more trades and liquidity. With a $420m FDV, there is space for growth as WHITE’s role could expand, with WhiteRocks XRPL partnership gaining steam.