Ripple update: Did anybody else know this?
SBI, major partner and investor in ripple and xrp invested 10millionUSD earlier this year in a company called “templum”. Templum ‘s primary function is to facilitate offering and secondary trading of digital assets offered as SECURITIES. Just recently also, SBI took it a little further by acquiring stakes in templum for an undisclosed amount. So my worry is that, maybe SBI feels that xrp is a security??? $10 million and also buying up shares are big steps to take if they were simply unsure about it. Or maybe SBI simply wants to offer services for “other” coins that they deem securities, and not XRP. What are your thoughts??
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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