Tag "Ripple"

Flowdesk Raises US$50M, Plans Expansion and Regulatory Licensing in Singapore

Flowdesk, a full-service digital asset trading technology firm, has secured a US$50 million investment in a Series B funding round. The round, led by Cathay Innovation, included participation from entities such as Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI, and

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Ripple Unveils Enhanced Crypto-Enabled Cross-Border Payments Solution

Ripple, a provider of enterprise blockchain and crypto solutions, has unveiled an enhanced version of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet. The solution provides enterprise-grade infrastructure required for businesses to leverage blockchain easily for faster,

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Ripple Obtains Full License to Offer Crypto Payment Services in Singapore

Ripple, a provider of enterprise blockchain and crypto solutions, has obtained a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS) to offer Digital Payment Token services. Following the in-principle approval of its license application in June

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Ripple Gets In-Principle Approval to Offer Digital Payment Token Services

Ripple’s Singapore subsidiary has obtained in-principle approval for a Major Payments Institution license from the Monetary Authority of Singapore (MAS). The enterprise blockchain and crypto solutions provider will now be able to offer regulated digital payment token products and services

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Ripple Launches Platform to Enable Central Banks to Issue Their Own CBDCs

Ripple, a blockchain and crypto solutions provider, has launched a new platform to enable central banks, governments, and financial institutions to issue their own central bank digital currency (CBDC). The Ripple CBDC Platform will be leveraging the same blockchain technology

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Ripple Snaps up Swiss Custody Provider Metaco in US$250 Million Deal

Ripple, a blockchain and crypto solutions provider, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology, for US$250 million. Through this acquisition, Ripple will be able to expand its enterprise offerings by diversifying into custody solutions

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FOMO Pay Taps Ripple’s Liquidity Solution for Same-Day Settlements Globally

Singapore-based major payments institution FOMO Pay announced that it will utilise Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows. Ripple’s On-Demand Liquidity (ODL) leverages XRP, the digital asset built for payments as a bridge between two fiat currencies,

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Ripple Deepens Partnership With Tranglo Following 40% Stake Acquisition

Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, announced new milestones in its partnership with cross-border payment firm Tranglo’s Singapore arm. This follows Ripple’s intent to acquire a 40% stake in Tranglo to scale the footprint

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Ripple Doubles Down on NFTs, Tokenisation Projects With US$250 Million Fund

Ripple, a provider of enterprise blockchain and crypto solutions, announced a US$250 million fund to explore non-fungible token (NFT) and other tokenisation projects on the XRP Ledger. The XRP Ledger is a decentralised, public blockchain led by a global developer

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Bhutan Set to Pilot Carbon-Neutral CBDCs With Ripple in Financial Inclusion Push

The Royal Monetary Authority (RMA), Bhutan’s central bank, announced that it will pilot a central bank digital currency (CBDC) in phases with Ripple’s CBDC solution. Building atop the country’s payments infrastructure and capabilities, this new initiative will tap Ripple’s CBDC

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