Galaxy Digital and Ripple Forge New Path in Europe
In a significant move for the cryptocurrency industry, Galaxy Digital, led by CEO Mike Novogratz, has joined forces with Ripple to expand its operations in Europe.
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
In a significant move for the cryptocurrency industry, Galaxy Digital, led by CEO Mike Novogratz, has joined forces with Ripple to expand its operations in Europe.
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