Tag "Ripple"
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
Read More
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
Read More
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,
Read More
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
Read More
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
Read More
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
Read More
GME Remittance Joins RippleNet for Payments Push From South Korea to Thailand
Global Money Express (GME Remittance), a non-bank remittance service provider in South Korea, has joined Ripple‘s blockchain-based payments network, RippleNet to accelerate and scale payments from South Korea to Thailand. This partnership was established through SBI Ripple Asia, a joint
Read More
Ripple Joins Singapore NFT Marketplace Mintable’s US$13 Million Series A Fundraise
Ripple announced that it has made an investment in Mintable, a Singaporean non-fungible tokens (NFTs) marketplace that allows users to seamlessly create, buy, and sell digital items using fiat or cryptocurrency, during its US$13 million Series A funding round. The
Read More
Ripple Appoints Former Uber Exec to Lead Southeast Asian Operations
Ripple announced the appointment of Brooks Entwistle as Managing Director of Southeast Asia to lead and scale the company’s operations in the region. Based out of Ripple’s Southeast Asia headquarters in Singapore, Brooks Entwistle brings three decades of senior management
Read More
Thai Fintech DeeMoney Partners with Ripple for Cross Border Money Transfers
DeeMoney, a fintech company based in Thailand specializing in digital cross-border money transfers, today announced its platform is now processing live transactions, in partnership with Ripple. DeeMoney is the first non-bank institution in Thailand to use RippleNet. As recent as
Read More