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Ripple Acquires 40% Stake In Asia’s Leading Cross-Border Payments Specialist Tranglo

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Coinness reporter

Tue, 30 Mar 2021, 03:17 am UTC

Ripple, the leading provider of enterprise blockchain solutions for global payments, announced that it has agreed to acquire 40% of Asia’s leading cross-border payments specialist Tranglo. This partnership will allow Ripple to meet growing customer demand in the region and expand the reach of On-Demand Liquidity (ODL), which uses the digital asset XRP to send money instantly and reduce working capital needs.

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