Oliver Michel, CEO of Tokentus Investment AG, recently shared his visionary insights on Ripple and XRP during an episode of Crypto Talk—a German television series produced in collaboration with Der Aktionaer. As the leader of one of Germany’s top venture capital firms, Michel delved into Ripple Labs' operational excellence and XRP’s transformative role in global finance.
Ripple’s IPO Strategy and XRP Price Potential
Michel commended Ripple Labs for its professional management and strategic focus on a significant initial public offering (IPO). He highlighted Ripple’s mission to streamline cross-border payments, distinguishing between the company’s operational model and XRP’s utility.
“Ripple is a professional company […] It’s not a foundation where some people get together and say we’re going to do something. It’s a professional company with the ambition of a fairly large IPO.”
Michel emphasized XRP’s role as a bridge currency, explaining how it solves inefficiencies in traditional cross-border transactions:
“You give it to the bank, exchange these euros for XRPs, put them on the ledger, i.e., on the blockchain, very quickly and without major costs […] This means that XRP is the bridge currency, XRP Ledger is the blockchain, the bridge and the liquidity pool.”
Regarding his investment strategy, Michel revealed his long-term bullish stance on XRP:
- Price Target: $5–$10 per XRP (“a tenfold increase”).
- Dual Exposure: Holds XRP coins and Ripple shares via Tokentus and his family office.
👉 Why XRP’s bridge currency role is a game-changer
XRP as the Future Global Currency Standard
Michel envisions XRP and Ripple’s On-Demand Liquidity (ODL) service playing a pivotal role in the era of Central Bank Digital Currencies (CBDCs). He believes Ripple’s technology could become the backbone of interbank transactions:
“If the banks work together via the backend, Ripple’s bridge technology is central, everything revolves around it.”
Despite competition (e.g., JP Morgan Coin), Michel remains confident in Ripple’s unique positioning:
“If time plays in Ripple’s favor, then Ripple may well become the world reserve bridge currency.”
At press time, XRP traded at $0.57769, facing resistance at the 0.5 Fibonacci level.
FAQ Section
1. Why does Oliver Michel believe in XRP?
Michel cites Ripple’s professional management, IPO potential, and XRP’s efficiency as a bridge currency for cross-border payments.
2. What’s Michel’s XRP price target?
He plans to reevaluate at $5 and considers $10 a “super good” milestone.
3. How is Tokentus invested in Ripple?
Via XRP holdings and early-stage Ripple share acquisitions through SPVs.
4. Could XRP compete with CBDCs?
Michel sees XRP/ODL as complementary infrastructure for central bank collaborations.
👉 Explore Ripple’s role in the future of finance
Key Takeaways
- XRP’s Utility: Michel underscores its role as a cost-effective bridge currency.
- Ripple’s Ambition: A professional IPO-bound company reshaping global payments.
- Long-Term Vision: XRP could emerge as the “world reserve bridge currency.”
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