Even though it has been battling the SEC in court for years, Ripple is still growing outside of the United States. At this point, the Ripple front was announcing a new collaboration.
Today, Ripple made a major announcement: it announced that it will be working with HashKey Group's professional consultancy HashKey DX, located in Tokyo, to bring enterprise solutions powered by XRP Ledger (XRPL) to the Japanese market.
In order to launch XRP Ledger (XRPL)-powered enterprise solutions in the Japanese market, HashKey DX, the HashKey Group's specialist consultancy located in Tokyo, has formed a strategic cooperation with Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions.
In mainland China, supply chain financing solutions backed by blockchain are widely used by HashKey Group.
"By working with SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, HashKey DX will bring these supply chain finance solutions to Japan."
"We are confident in our ability to deliver innovative, cutting-edge solutions for businesses," stated HashKey DX's Andy Dan. "XRPL was the ideal blockchain infrastructure for us to build our supply chain finance solution, with a proven track record of enterprise performance and unparalleled performance metrics including fast payment speeds, low costs, and the ability to deliver meaningful transformation through scalability and enable us to leverage the global market in Japan."
The price of XRP increased by 2% during the previous day. The news of the successful partnership appears to be consistent with the upward price behavior of XRP today.
April 2024, Cryptoniteuae