Browsing: Ripple

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), are maintaining a bearish tone as the broader market remains risk-averse. XRP is down to a 20-month low, risking a drop below the $1.00 psychological threshold, while ADA and SOL risk losing their recent gains amid a lack of upside momentum.

Ripple announced strategic investments in two British companies on August 3, adding regulated record-keeping, issuance, and collateral tools to the XRP Ledger. ZILO makes the software that keeps a fund’s official record of who owns which shares, and Licuido runs a regulated platform that lets institutions pledge those shares as collateral instead of selling them.