Ripple gets full support at Uphold

Financial services provider Uphold is expanding its crypto assets portfolio and will enable full support of XRP that goes live on May 24
21 May 2018   2054

The former digital money platform known as BitReserve – currently branded as Uphold is looking forward to expanding its crypto offering even more. This time a full support of Ripple's XRP is rolling out on the platform on May 24. Back in March a member poll was conducted to decide the next token to support on the platform.

Ripple won with an overwhelming majority and was enabled to be traded by Uphold users from the corresponding wallets. There was even a zero-fee campaign for the first 5 mln XRP purchased to celebrate the launch. Now the full support is incoming with clients being able to trade using any wallets.

We are thrilled to announce that starting today Uphold members have access to buy and sell XRP right from their Uphold wallet. For a limited time and in celebration of this launch, Uphold is offering ZERO fees for the first 5M XRP purchased*.

This is another important milestone for our members and for Uphold as XRP is one of the fastest growing digital assets and the third most valuable cryptocurrency with a market cap of $24,838,048,184.

 

Uphold statement from March 30

Uphold serves 184+ countries with 30+ currencies (both traditional and crypto) and commodities providing frictionless foreign exchange and cross-border remittance around the world. The service combines a platform app model with payment connectivity to offer financial services to a global market.

Ripple to Acquire Algrim

Algrim is an Icelandic cryptotrading company and Ripple is sure that Iceland will become one of the biggest RippleNet development centre
30 September 2019   115

California-based fintech startup Ripple hopes to step up operations in Europe with the acquisition of Icelandic crypto trading firm Algrim.

Ripple representatives emphasized that Algrim will play a key role in developing products that provide on-demand liquidity. These products are intended for cross-border payments and are based on the XRP token, which has long occupied the third line of CoinMarketCap.

The company is confident that Iceland will become one of the most important development centers contributing to the development of the RippleNet. Also, representatives of a California startup promised to attract more technical specialists to the new office.

Information about the transaction amount is not disclosed.