AUSTIN, Texas - TelAve -- xREnergy ("$XRE") is a real world asset ("RWA") cryptocurrency on the XRP Ledger ("XRPL") created to tokenize ownership interests in power generation, energy storage, transmission, real estate, water rights, mineral rights, fuel supply, energy trading and other energy industry related assets.

$XRE was up as much as +3,094,634% on its first day listed on the XRP Ledger.

The $XRE token creator Josh Case said, "The incredible reception that xREnergy has received with no marketing or promotion before creating this token and going live I believe proves retail crypto buyers are hungry for and looking for real world asset token opportunities to participate in."

More on TelAve News

• Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
• Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
• Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
• Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
• Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm

The $XRE tokens will represent ownership interest in assets that take large amounts of capital to develop, construct and operate and the tokenization will allow small individual investors an opportunity to participate in the fractionalized assets. XRPL allows for transparent and secure tokenizing of assets along with typically increased liquidity all due to the XRPL blockchain technology.

The $XRE tokenized ownership interest in these energy assets may take form as direct investment in assets, indirect investment in assets and the potential combination of direct and indirect investment. The tokenized ownership interest in these energy assets will provide new opportunities for investment.

Josh Case is also the creator and CEO of Sober.Buzz the Sober Token spreading the good $BUZZ which was previously announced last week and is currently being developed.