Menu IconA vertical stack of three evenly spaced horizontal lines. Ripple, ripple fx company behind the cryptocurrency XRP, appears to be picking up steam among traditional financial players.
The company on Wednesday announced it had added two payments companies to its roster of clients. One of Ripple’s flagship products appears to be picking up some steam. Alastair Constance, the CEO and founder of Mercury FX, said in a statement that cutting settlement times could shave billion of dollars “in unnecessary intermediary fees. We don’t disclose terms of our deals with customers,” the person told Business Insider via email. The news suggests Ripple is making inroads among traditional financial services players. Ripple stands out in the cryptocurrency world as a company that seeks to partner with, rather than topple, the existing financial system.
Its approach has drawn investors to its digital currency XRP. Still, some market watchers are skeptical of whether Ripple will be able to attract big-bank clients. Ripple CEO Brad Garlinghouse denied those claims. Australian musician and worldwide street performer. Born in St Kilda, Melbourne, Australia, at the start of his career he was singing in a local alternative rock and rapcore band initially known as Twitch, which would later change its name to N. In 2004 they released a debut and the only album Exeunt Omnes.