Ripple to Launch NFT Marketplace on XRP Ledger Through its New Partnership

July 12, 2022

MCP News Free

Ripple to Launch NFT Marketplace on XRP Ledger Through its New Partnership

The world-leading blockchain-based digital payment network and protocol, Ripple has entered a new partnership with digital assets exchange, CrossTower to launch a new NFT marketplace on the XRP ledger (XRPL).

“CrossTower will facilitate minting and trading of NFTs with Ripple as blockchain partner providing technical support on the XRP Ledger (XRPL) blockchain.

“CrossTower’s marketplace makes it easy for developers and creators to onboard their projects, accelerating time to market.” Says CrossTower CEO Kapil Rathi of the partnership.

Having gained ground in the NFT space, CrossTower is extending its NFT functionality to support XRPL which will reduce the costs and obstacles to entry for creators who want to mint their projects on blockchain best suited to enable settlement and liquidity of tokenized assets at scale.

CrossTower has already attracted projects like Antara and David Bowie World on its marketplace and has a pipeline of inaugural projects on the XRPL that will engage a global audience to be announced in the upcoming weeks.

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About CrossTower

CrossTower is a web 3.0 company that offers crypto trading products as well as NFT globally. It leverages its considerable experience in technology, trading, innovative pricing, operational infrastructure, regulations, and compliance to make crypto and other digital assets more accessible. According to Cryptocompare, the CrossTower exchange business is ranked among the top ten globally.

CrossTower has offices situated in India, Bermuda, and the US.

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