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Ripple Forms New Partnerships in France and Sweden

Author: Qadir AK

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Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Ripple Labs has established new partnerships in France and Sweden extending its drive into Europe despite the present beer market that has gripped most of the crypto sector.

Ripple made deal with Swedish money transfer company, Xbaht, which specializes in remittance payments between Sweden and Thailand and Lemonway, a regulated payments provider for online marketplaces with headquarters in Paris. The deal is regarding Ripple’s “On-Demand Liquidity” system.

While most crypto businesses are battling to remain afloat, Ripple looks to be in good condition, pledging to hire 300+ people this year with a recruiting target set to be met by the end of the year, according to Sendi Young, Ripple’s managing director for the United Kingdom and Europe.

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