CEO of finance company Real Vision, Raoul Pal has revealed key insights into the rationale behind his XRP investments. The renowned financial market veteran has also provided details about the upcoming 2024 bull run and what it means for altcoins.
CEO of Real Vision’s XRP Investment Strategy
Raoul Pal, the Co-founder and Chief Executive Officer of Real Vision, a prominent financial media platform, recently appeared in an interview with Pro XRP Lawyer, John Deaton, which was broadcast on Deaton’s official YouTube channel, CryptoLawTV on December 13.
During the almost one-hour-long discussion, Pal provided key details about his XRP investment strategies and his opinions on the cryptocurrency. The Real Vision CEO revealed that his XRP investments were greatly influenced after a conversation with a friend who provided a different perspective on the cryptocurrency’s value.
Pal explained to Deaton that he had purchased a significant amount of XRP tokens after the court case between Ripple and the United States Securities and Exchange Commission (SEC).
Earlier in December 2020, the US SEC filed a lawsuit against Ripple for allegedly raising over $1.3 billion In unregistered securities offerings by selling XRP. The court case which was headed by Judge Analisa Torres, had taken another turn after the US Judge ruled that programmatic sales of the token were not considered securities.
Pal revealed that he saw the c
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Author: Scott Matherson