Ripple acqui-hires Iceland-based crypto trading firm Algrim to expand in Europe
Ripple has acqui-hired Iceland-based cryptocurrency trading firm Algrim to expand operations in Europe. Algrim will continue to build its On-Demand Liquidity (ODL) product which utilizes XRP ($XRP) for cross border payments. As part of the deal, Iceland will serve as an engineering hub for Ripple according to the announcement.
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