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2019-10-02 03:41:15

Ripple expansion; acquires exchange to expand further in Europe

Ripple expansion plans are everywhere, and Ripple Foundation the creator of XRP has recently acquired Algrim. The exchange and trading firm for cryptocurrencies, Algrim is based in Iceland. Although small, the company’s team will allow Ripple to expand its European operations in Iceland. Ripple expansion plan continues its streak Ripple Foundation has been luring various firms to achieve a stronger foothold across the borders. Algrim is a six (6) person company, that is going to be a crucial part of the On-Demand Liquidity (ODL) product owned by Ripple. The Senior Vice President (SVP) of Engineering at Ripple, Christopher Kanaan has