Galaxy Digital CEO Mike Novogratz, who has come to the fore with his support for cryptocurrencies, made important statements about XRP, which has been on the agenda recently with the launch of spot ETFs. Speaking to CoinDesk, Mike Novogratz said that XRP has achieved something truly complex in the cryptocurrency world. Stating that XRP has become a real money after a long struggle, Novogratz said that XRP has defied expectations, transformed its narrative and built a community strong enough to turn a token into a functional monetary asset. Stating that XRP has achieved something very rare, the famous CEO said that only a few tokens have crossed the threshold of becoming money so far. “How do you turn something from a token into money? It's a really complex and difficult thing. “There have only been a few people who have done this before. XRP has done it too, and it's surprised everyone.” Noting that Galaxy Digital remains a significant shareholder in Ripple, Novogratz admitted that he once questioned XRP's decentralization, structure, and purpose. Novogratz admitted that he misjudged XRP's survival, praising the strength and community support of Ripple and XRP. He added that XRP has proven its strength and resilience. Related News: Famous Bitcoin Bull Mike Novogratz Confesses XRP! "I Was Wrong! Because..." *This is not investment advice. Continue Reading: Famous Bitcoin Bull Mike Novogratz Confesses XRP! "XRP Has Achieved Something Very Rare!"
