Ripple to Mint NFTs on the XRP Ledger with CrossTower Support

San Francisco-based payments firm Ripple has signed a new partnership.

In a press release on Monday, trading platform CrossTower announced that they are partnering with Ripple to add NFTs (non-fungible tokens) minted on the XRP Ledger (XRPL), to the CrossTower NFT marketplace.

Based in New Jersey, CrossTower is a Web 3.0 company founded in 2019 offering NFT and crypto trading products globally.

The announcement detailed:

• CrossTower will facilitate minting and trading of NFTs with Ripple as blockchain partner providing technical support on the XRP Ledger (XRPL) blockchain.
• CrossTower’s marketplace makes it easy for developers and creators to onboard their projects, accelerating time to market.

The digital asset exchange added:

“For fans, the marketplace delivers an engaging user experience, connecting them with creators and brands. Fans will benefit from an optimized digital purchase experience with the ability to transact NFTs via credit card and receive the assets through integrated wallets on the XRP Ledger.”

Kapil Rathi, Chief Executive Officer of CrossTower, said:

“We are thrilled to partner with Ripple and build our Web3.0 platform on the XRPL. Ripple’s commitment to building a developer network in India is particularly exciting for CrossTower as we are committed to developing India’s blockchain talent. We look forward to the growth of our global NFT platform.”

Last week, Ripple announced a new deal with the Colombian government to use its XRP Ledger (XRPL) for the country’s National Land Registry for registration and verification purposes.