US-based iTrustCapital, a leading platform for trading and investing in cryptocurrencies and precious metals, has announced that it will list XRP, the native token of the Ripple network, on its platform.
The decision came after the judge made today's statement regarding the lawsuit between Ripple and the SEC, deciding that sales of XRP on exchanges do not constitute securities.
iTrustCapital delisted the Ripple token from its platform two years ago.
In December 2020, the SEC sued Ripple for allegedly raising over $1.3 billion through the sale of XRP tokens, which it claims are securities subject to regulatory registration requirements.
Ripple has argued that XRP is a digital asset, not a security, and the SEC does not provide clear guidance on the status of cryptocurrencies.
iTrustCapital is a platform that allows investors to trade and invest in cryptocurrencies and precious metals such as gold and silver in their retirement accounts. The platform claims to offer the lowest fees, highest security, and best liquidity in the industry.
*Not investment advice.