As per the press release, shared exclusively with U.Today, the BDR crypto wallet announces a strategic collaboration with Ripple’s developer company Xpring. The latter will provide an investment of $750,000 to enable BDR to implement the XRP Ledger.
BDR boasts around 2.5 mln users in more than 170 countries around the world.
Xpring has recently launched a platform for software developers, so they can implement XRP payments, so the BRD team is also going to build on that platform.
Adam Traidman, the chief executive of the BDR wallet, says:
“We’re incredibly excited about joining forces with Ripple to bring XRP to our user base. Ripple understands the need for a strong wallet partner as they push into key markets like cross border banking and remittance, so we are thrilled to help them achieve their goals. In addition, it is our plan to have BRD be the cheapest and easiest place to buy XRP moving forward.”
Senior Vice President of Xpring, Ethan Beard, has commented on the news:
"At Xpring, we support mission-driven companies that have the potential to transform money. The BRD team has helped consumers onramp $6B worth of traditional currencies into digital currency, making them an ideal partner to continue the proliferation and adoption of cryptocurrencies like XRP to solve real-world problems.”
Do you believe that new partnerships of Ripple will help the XRP price to start growing and reach at least $1? Feel free to leave your opinion in the comments section!