Ripple, which has been expanding rapidly outside the US after legal problems with the SEC, has announced its new partnership.
At this point, Ripple announced that it has partnered with Futureverse, a leading artificial intelligence and metaverse company.
Ripple announced a partnership with Futureverse in a recent post on X.
As part of this partnership, Futureverse will use Ripple Custody to securely manage its cryptocurrencies. . Futureverse will use Ripple Custody to ensure cryptocurrencies are securely received and stored before they are minted on the Ottó blockchain.
Additionally, Ripple and the XRP community will enhance the XRPL development ecosystem by introducing new programmability features, including smart contracts via the XRPL EVM sidechain in 2025.
“The integration of Ripple Custody is driven by Ripple’s industry-leading security features and capabilities that enhance the security of our customers’ digital assets,” said Jeffrey McDonald, Founder of Ottó Blockchain and Chief Customer Officer of Futureverse. “Our long-standing relationship with Ripple and its industry-leading product features make Ripple Custody the ideal solution as we continue to build in the AI and metaverse technology space.”
XRP is trading at $0.56 at the time of writing, up 3.6% in the last 24 hours.
2/ Ripple and the broader XRP community are committed to bringing new programmability, including smart contracts, to the XRPL dev ecosystem in 2025 – through the XRPL EVM sidechain (already in the works) as well as exploring native capabilities on XRPL Mainnet.…
— Ripple (@Ripple) September 3, 2024
*This is not investment advice.
