The biggest data of the week has almost arrived and when the Japanese interest rate decision is announced hours later, we will start to hope for a possible holiday rise by the end of the year. Ripple 
$1.93 recently announced its new partnership. The company has done a lot this year to improve its business in corporate services. The last one was announced today.
Ripple and TJM Partnership
Trump’s coming to office paved the way for US-based cryptocurrency companies. Ripple survived the lawsuit, acquired 3 major companies, and many companies signed partnership agreements. While all this is happening XRP Coin expected for ETF The approvals came. Today’s announcement was about the partnership agreement signed with TJM to develop clearing services.
TJM Institutional Services It offers clearing services to institutional clients and is one of the Chicago-based brokerage firms. The company, which specializes in futures and OTC, operates under the umbrella of TJM Holdings. Moreover, it is a member of the Commodity Futures Trading Commission and the National Futures Association (NFA) in the United States. In other words, although they are more experienced than Ripple in these matters, their licenses are of a type that will help Ripple develop faster in corporate services.
Ripple has invested in TJM and Ripple’s multi-asset prime brokerage platform, according to today’s announcement. Ripple Prime This company will work together. Ripple Prime President Noel Kimmel said in today’s announcement;
“We are pleased to deepen our partnership with TJM. This partnership reflects the shared vision and trust that the leaders of our business have developed over more than a quarter of a century.
TJM’s strong trading experience across asset classes, combined with Ripple Prime’s scale and reach, creates a strong value proposition for global institutions. “We look forward to supporting the continued growth of TJM’s business, including its expansion into crypto assets, and participating in that growth as a strategic investor.” – Source
XRP Coin
Ripple doesn’t want to become a Solana or Ethereum 
$2,959.50 There is no dream of becoming an application layer like Its goal is to provide blockchain-based financial services to institutional clients. For this, it purchased Hidden Road and started using it under the Ripple Prime brand, and acquired 2 more companies that serve the same purpose. That’s why RLUSD was issued and the $1 billion supply threshold was exceeded despite limited access.
Although we do not see the effects of the last partnership on the spot price, we saw that the price exceeded $ 3 this year as a result of many events, including the end of the lawsuit. In the long term, new partnerships will improve the company’s corporate business, and if Ripple can show sufficient growth in the field of tokenization and bring its blockchain-based corporate services to a good point, this will open the door to healthier growth for XRP Coin. Since institutional investors believe in this potential, they have shown interest in the XRP ETF since the ETF launch.
At the price of XRP Coming to the next level, it must regain the $1.98 support and gain the $2.08 base. It needs to do this before the negativity in the general market sentiment pushes it below $1.5, even for a short time.
