Major XRP and Ripple enthusiast and community influencer explains new opportunities gained by Ripple after recent major partnerships
believes that with these two partnerships/acquisitions, Ripple Labs has also acquired properties that can help the infrastructure for crypto platforms , to help them connect to traditional financial institutions dealing with fiat — banks, trusts, etc. Ripple, he stated, can now"tokenize real world assets and hold them in safe, compliant ways.
The amount of 29,500,000 XRP was transferred to the Bitstamp exchange about 24 hours ago with an obvious intention to sell. This amount of XRP is the equivalent of $14,658,817 USD.This is not the only XRP chunk transferred by the crypto giant recently. Over the past few weeks, the above-mentioned tracking platform has spotted four or five XRP lumps of a similar size moved by Ripple to Bitstamp.
At the time of this writing, the sixth largest cryptocurrency, XRP, is down nearly 5%, trading at $0.4753, according to data provided by CoinMarketCap.
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