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

• NRx Pharmaceuticals Launches Breakthrough One-Day Treatment Clinic in Florida as FDA Pathway and Clinical Data Strengthen Growth Outlook; $NRXP
• Revenue Optics Launches Talent Infrastructure Platform for SaaS Revenue Hiring and Appoints Sabz Kaur to Lead Growth
• Building a Multi-Domain Autonomous Systems Platform at the Intersection of AI, Defense and Infrastructure: VisionWave Holdings (N A S D A Q: VWAV)
• Bent Danholm Named "Top Luxury Real Estate Leader" in Modern Luxury Miami
• Author Ken Mora to Celebrate New Caravaggio Book Debut with Special Event at Palazzo Venezia Naples

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.