In a video that surfaced online, eToro CEO, Yoni Assia, talks about a potential partnership with Ripple. eToro, the leading social trading and investing platform that allows one to invest and trade in cryptocurrencies, stocks, currencies, ETFs, and commodities has added the third largest cryptocurrency on its platform back in December 2018.
In the interview that took place at the Paris Fintech Forum in January, this year, Assia talks about blockchain and that it is going to “disrupt the financial services and especially asset management services.”
He says currently it is difficult to move assets and shares all over the globe, but with the tokenization of assets, the entire wealth management would be transformed as it would allow the assets to move from one company to another and then sell them seamlessly and in real time. As for Ripple partnership he stated,
“We are one of the largest trading platforms for XRP so very interested in forming a relationship with Ripple Labs and understanding what can we do together.”
You can watch the entire video here:
“We’re focused on launching more features right now, so we are working with a number of other partners. With xRapid, there’s nothing going on right now, but in the future, we’ll definitely want to add them as a partner.”
The third-largest cryptocurrency with a market cap of $12.4 billion is trading at $0.302 with 24-hours gains of 0.53 percent. While in the BTC market, it is in the red by 0.10 percent, as per the data provided by Coinmarketcap.
In the past five days, there hasn’t been much change in the XRP price as it oscillated in a tight range of $0.2947 and $0.3086.
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Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.