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Source: https://www.coindesk.com/ripples-xpring-looks-to-build-xrp-defi-products-with-new-acquisition "Ripple has made its first move towards building decentralized finance (DeFi) products based on XRP. With its acquisition of decentralized payments platform Logos Network, Ripple’s investment arm, Xpring, will add nine New York-based engineers. Logos founder and CEO Michael Zochowski will become Xpring’s “Head of DeFi Products.” Xpring did not disclose the price of the deal." Joining Ripple’s Xpring: by Michael Zochowski, Head of DeFi Products, Ripple Xpring. Welcoming Logos: by Ethan Beard
Blog URL: https://coil.com/p/Hodor/Financial-Evolution/-OAfQwjl4 Digital assets and blockchain technology represent the most recent evolution in personal finance! Read about 'defi' and other XRP-related headline news in my latest blog: 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐍𝐞𝐰𝐬: The US House of Representatives conducts a hearing titled 'Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat.' 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: David Schwartz writes a blog about the benefits and pending improvements for XRP; Ripple's Xpring Initiative invests in the team from Logos; Michelle Bond writes a blog about the impact of regulation on the UK and other jurisdictions; An XRP fan discovers two new banks in recent Ripple marketing collateral; Quidax announces plans for a mobile application and a new business deal with another company; Ripple releases more information about the agenda for the SWELL Conference; The National Bank of Fujairah (NBF) becomes a member of RippleNet; and Xendpay releases information about the benefits from its RippleNet membership and use of Ripple solution(s); 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Ken Melendez starts the Coil Blogging Club for early adopter Coil authors; Equilibrium publishes a guide for how to configure Moneyd; and I share the links to four new Coil authors. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: XRP adoption is being helped by a variety of tchotchke, and one fan has a new idea for guerrilla marketing; Binance.US opens its doors after seven months, offering three XRP markets with BTC, USDT, and USD; I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread