Ripple, the company behind XRP tokens,is, in terms of market capitalization, the second largest cryptocurrency. It is set to further expand its reach in this arena by listing onto six new platforms. This is part of its partnership with BitGo where the way was opened for the establishment of enterprise-grade wallets with high-end security features.
This wallet solution will assist banks and financial institutions to more easily and securely use crypto tokens in cross-border transactions.
This has influenced others like Bitso, bitbank,Coinone and BuyBitcoin to also include support for XRP on their platforms as well as to be added AlphaPoint and Quione’s QRYPTO.
The company recently stated: “Listing XRP on several exchanges reduces friction for our customers sending payments into rapidly growing markets, as within hours, they can be up-and-running with payments into a new country.”