JAKARTA – In the midst of increasing interest in cryptocurrency digital assets, XRP is reportedly starting to be listed on one of Europe's top crypto exchanges, Börse Xetra. This was announced by the ETC Group regarding the list of digital assets supported by the ETP.
The cryptocurrency Ripple (XRP) joins a number of other digital assets listed on digital asset exchange Börse Xetra including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), Cardano (ADA), Litecoin (LTC). ), Avalanche (AVAX), Cosmos, and Polygon (MATIC), and Uniswap (UNI).
Reporting from U.Today, ETC Group has announced a list of XRP-backed ETC (exchange traded cryptocurrencies) on Deutsche Börse Xetra, Europe's leading digital asset exchange. Interest in exchange-traded cryptocurrencies (ETC) has grown as it provides investors with a safer and more liquid way to gain exposure to the underlying digital assets.
For information, the ETC Group has released the world's first Bitcoin exchange (ETP) trading product since June 2020 on Deutsche Börse XETRA, the largest ETF trading platform in Europe. ETC Group supports institutional-grade digital asset purchases.
Even though Ripple is at loggerheads with the US Securities and Exchange Commission (SEC) at the court, the adoption of XRP is unstoppable. This development is also proof that interest in cryptocurrencies in ETC is increasing.
The founder of ETC Group, Bradley Duke, revealed the reason for choosing XRP. According to him, Ripple is a leader in global payment systems.
“Ripple is rapidly becoming a leader in global payments systems with hundreds of financial institutions choosing Ripple to provide their customers with a better international payments experience, in real-time,” said Duke.
This year Ripple has introduced RippleNet's On-Demand Liquidity (ODL) services in the Asia Pacific (APAC) and Middle East regions. ODL exists in response to the increasing demand for fast and direct transfers of funds. APAC is reportedly one of the fastest growing regions for RippleNet, where transactions have increased 130 percent year over year.
Responding to the feud with the SEC, Ripple's general counsel, Stuart Alderoty stated that it is working hard to resolve the case as soon as possible even though a resolution will arrive in 2023.
“To all who have followed the case so far - thank you. Please be aware that Ripple is working hard (and the Court is working hard) to resolve this case as soon as possible, even though the SEC has repeatedly done everything they can to delay," Alderoty said.
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