Sologenic, a digital asset trading platform, reports its active participation in the development of the XRP Ledger ecosystem. It has integrated over 200,000 users into the XRP Ledger and formed strategic partnerships with payment platforms like Uphold and BANXA. Sologenic has gained listings on key exchanges in specific regions and emphasizes its commitment to providing advanced tokenization solutions for institutional investors. Ripple’s CEO Brad Garlinghouse disclosed that the XRP Ledger now hosts over 4.8 million wallets, with 20% of users coming from the Middle East and North Africa, demonstrating the growing demand for Ripple-based solutions in the region. Sologenic positions itself as the go-to resource for XRP-related activities within the ecosystem and offers fractional share ownership to provide liquidity and flexibility for institutional investors. They aim to support Ripple’s expansion in the Middle East and North Africa and provide essential tools for navigating the evolving financial landscape. Despite regulatory uncertainties, Sologenic and Ripple continue their collaborative efforts in the region.
AI Sentiment: Negative
