- Cardano and Ripple Labs are moving closer to a partnership as they explore new financial products and facilitate smoother cross-chain interactions.
- This collaboration doesn’t come as a surprise; the Cardano founder has been teasing the possibility of working with the Ripple network for months.
Charles Hoskinson, the founder of the Cardano network, has hinted at a potential collaboration between Cardano (ADA) and the Ripple (XRP) network. This has always happened while he is engaging with the crypto community and during his AMA sessions. Now, that possibility is turning into reality.
On Tuesday, Angry Crypto Show brought attention to the development: Tokeo Wallet, a smart wallet originally built for Cardano, is now exploring integration with the XRP Ledger (XRPL). In response to Angry Crypto’s post, Tokeo confirmed the news with a simple statement: “It’s definitely coming.” That short message carries big weight for the crypto community, even though they did not provide more information about this integration.
Tokeo Wallet was launched in 2024, offering more than a typical wallet would. Tokeo is a self-custodial mobile platform designed for Cardano and Bitcoin (BTC), available on both iOS and Android. It already offers features like secure storage, dApp access, token swaps, and NFT management, and the team has plans to integrate Mastercard functionality as well.
With the XRPL integration, Tokeo is clearly aiming to become a cross-chain hub, making it easier for users to manage assets and interact with multiple blockchains through a single, user-friendly interface. This means users will soon be able to manage XRP and Ripple’s RLUSD stablecoin directly from the Tokeo app.
Multi-Chain Growth Strategy
On June 14, Charles Hoskinson confirmed via a post on X that his team is actively working on a full suite of tools to support XRP within Cardano better. One of the standout pieces of this plan is the upcoming Glacier Airdrop, now scheduled for Q4 of 2025.
Although it was initially expected earlier, the airdrop will see Midnight tokens, designed for Cardano’s privacy-focused sidechain, distributed across multiple blockchains, including to XRP holders.
This is a clear effort to draw XRP users into the Cardano ecosystem, showing how serious the team is about interoperability and cross-chain collaboration. As CNF has reported before, Hoskinson has previously hinted that Cardano’s long-term growth, especially over the next five years, will rely heavily on its collaboration with both XRP and Bitcoin. This vision is already taking shape.
Back on June 9, during an AMA session, Hoskinson confirmed that XRP support is coming to Lace Wallet, Cardano’s official wallet. Lace launched in April 2023 on the Cardano mainnet, originally giving users the ability to stake ADA directly from the wallet.
Then, in April this year, support for Bitcoin was rolled out on the testnet version of Lace 1.22, letting users store and manage BTC right from the interface.
Cardano’s native token ADA has been on an upward trend, jumping 25.26% in just seven days to reach $0.7477. The surge comes amid growing excitement around Emurgo’s new Cardano Card, with analysts like Mr. Banana predicting that ADA could climb as high as $5 during this market cycle.
XRP isn’t far behind. It’s posted a 23% gain over the past week, now trading at around $2.96. While its trading volume has dipped by 36%, settling at $6.4 billion, analysts remain optimistic while eyeing a potential move to $4.
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