Ripple’s Value Linked to XRP: Houlihan Lokey Report Sparks Discussion

A recent report from global investment bank Houlihan Lokey has rekindled debate about the close relationship between Ripple’s financial value and the price of its native token, XRP. The report, titled ‘Digital Assets: How Can Valuation Differ From Traditional Assets?’, concluded that most of Ripple’s economic worth stems directly from its holdings of XRP, rather than from its equity value.