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Ripple Attempted to Financial Incentives to be Listed on Major Exchanges
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Ripple Attempted to Financial Incentives to be Listed on Major Exchanges

Ripple Attempted to Financial Incentives to be Listed on Major Exchanges

Fintech Nexus Staff·
FintechNews RoundupUSA
·Apr. 5, 2018·1 min read

According to Bloomberg, Ripple attempted to provide financial incentives to exchanges Gemini and Coinbase for its XRP cryptocurrency to be listed; Some believe that the exchanges are reluctant to include XRP because the token could be deemed securities because it is controlled by one single company; the article by Bloomberg shares that a Ripple executive offered a $1 million cash payment to Gemini which was followed by other incentive offerings; Ripple also offered lending Coinbase $100 million of XRP to let users trade the asset. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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