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Institutions don't show up with press releases. They show up with compliance questions. Three separate teams have reached Rhyzlo asking the same thing before touching any XRPL token: "can you show me the freeze controls and who holds the keys?" Not price. Not volume. Freeze controls. That's what institutional adoption actually looks like. It's legal teams running risk checklists, not trading desks chasing yield. The infra that answers those questions first wins the relationship.

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