Bitcoin
$ 55,901
Ethereum
$ 2,254.2
Litecoin
$ 263.07
okex ads

Algrim Joins Ripple With Plans to Expand in Europe

Blockchain payments firm Ripple has acqui-hired Iceland-based cryptocurrency trading firm Algrim to expand operations in Europe.

Join the fastest growing network on Telegram

Announcing the news on Monday, Ripple said Algrim will play an “integral” role in the ongoing development of its On-Demand Liquidity (ODL) product which utilizes XRP cryptocurrency for cross-border payments. Terms of the deal were not disclosed.

“The decision to join the Ripple team was a natural fit — both companies share a vision to enable widespread adoption of digital assets and blockchain technology, which aligns directly with what we’ve been working towards for the past several years,” said Algrim CEO Dadi Armannsson.

Ripple said that Iceland will now serve as one of its engineering hubs, with plans to hire more people from a technical background in the region with a new office.

About the author

A Nice Man

Related Posts

Leave a Reply

Newsletter

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

P2P Crypto Marketplace, Bitzlato (BZ), Partners with Lemonade Finance, to Ease Money Transfers Across Africa
April 20, 2021By
TIME MAGAZINE IN CRYPTO SPACE, ACCEPT CRYPTOCURRENCIES FOR DIGITAL SUBSCRIPTION
April 20, 2021By
SEC to distribute $175,000 to ParagonCoin ICO scam victims
April 20, 2021By

Advertisement

Video Posts

In
Blockchain-Based Solution For Security And Scalability For Any Business
April 9, 20210
In
Tech Adoption For Small Business
April 6, 20210

Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin55,901 0.01 % 1.04 % 6.69 %
Ethereum2,254.2 1.59 % 5.76 % 5.21 %
Binance Coin545.45 1.18 % 8.49 % 8.87 %
Tether1.000 0.21 % 0.78 % 0.37 %
Polkadot43.88 0.58 % 0.43 % 36.39 %
Cardano1.210 0.37 % 0.23 % 8.53 %
XRP1.340 0.88 % 1.48 % 8.09 %
Uniswap30.14 0.53 % 1.96 % 17.96 %
Litecoin263.07 1.61 % 2.13 % 7.50 %
Chainlink37.54 1.29 % 2.93 % 13.12 %