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Ripple Expands Presence in Europe with Acquisition of Iceland-Based Firm Algrim
The major crypto firm Ripple, the parent of the cryptocurrency Ripple (XRP)trade, is further expanding its services in Europe through an acquisition of the Icelandic crypto trading firm Algrim. Ripple, a pioneer in providing blockchain-based solutions for large-sized enterprises, has been acquiring and investing in blockchain firms through its investment and development arm Xpring. Ripple already has some heavy-weight banking and institutional clients which use Ripple’s blockchain for cross-border transactions that make it the only…
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