ETC Group, XRP announced that its ETP-based product is listed on Deutsche Börse Xetra, Europe’s largest digital asset exchange.
Cryptocurrency Interest in ETP-based ETP products is growing with investors’ desire to access digital assets in a safer and more liquid way.
XRP Joins Altcoins Listed on Deutsche Börse Xetra
With the latest development, it has been revealed that XRP will also join the company’s institutional-level crypto money ETP products.
Among the cryptocurrencies currently traded on Xetra Bitcoin, Ethereum, Solana, Cardano, Polkadot, Litecoin, Avalanche, Cosmos, Polygon and Uniswap is located.
ETC Group founder Bradley Duke explained the reason for choosing the Ripple token:
“XRP is becoming a leader among global payment systems as hundreds of financial institutions choose Ripple to provide a better and real-time international payment experience for their customers.”
As we previously reported, Ripple CEO Brad Garlinghouse said in his statement that despite the long litigation process, the company experienced record growth outside of the US.
RippleNet’s On-Demand Liquidity (ODL) service continues to grow with the growing demand for fast transactions and instant access to funds in the Asia-Pacific and Middle East regions.
The Asia-Pacific region is considered to be Ripple’s largest growth location, with transactions up 130% year-on-year.
Ripple and the SEC agreed today for the summary decision calendar and decided to postpone the next phase of the case until August.
*Not investment advice.