Ripple Fortress Trust

Ripple expands again: purchased Fortress Trust

11 September 2023

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Ripple (XRP) continues its expansion into the crypto industry, acquiring the Fortress Trust, a financial institution that provides financial, regulatory and technological infrastructure Web3 licensed for blockchain innovators. The importance of this acquisition also lies in the fact that Fortress Trust owns a Nevada Trust license.

Specifically, the new company acquired by Ripple also provides a critical infrastructure to address the growing business cryptocurrency market. These solutions integrate with Ripple’s product and business roadmap.

SOURCE: Cryptonomist

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