XRP Community In Limbo: Ledger Foundation Dissolves, Successor Pending
Summary
The XRP Ledger Foundation rebranded as the Inclusive Financial Technology Foundation (INFTF) to broaden its mission beyond XRP technologies. INFTF aims to promote global financial inclusion by leveraging diverse financial technologies. The foundation's transition involves redistributing responsibilities traditionally associated with the XRP Ledger to ensure its maintenance by stakeholders. Ripple is engaging in discussions to establish a new independent XRPL foundation. Community reactions to the reorganization vary, with interest in the new foundation's independence from Ripple and INFTF. XRP traded at $0.5107 at press time.
