@$66809: Ripple Unveils Its Enterprise-Level Crypto Solution Liquidity Hub

Ripple, a major blockchain company, has revealed its brand-new solution dubbed Ripple Liquidity Hub, which targets enterprise customers and is set to be launched in 2022. According to the press release, the solution allows customers to access crypto assets from different venues such as market makers, exchanges, OTC desks, and in the future, decentralized venues.

Initially, the hub will support Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP). However, the availability of the latest one will vary depending on location, said the company. Also, it pointed out that plans consider expanding further to more tokenized assets.

“We understand firsthand the need for easy and efficient liquidity management – and as such, we’ve received questions from our customers who are in need of solutions that can be a one-stop-shop to buy, sell and hold crypto assets. The combination of Ripple’s crypto DNA and long history working with financial institutions makes us uniquely positioned to address this problem for our customers as they prepare for a tokenized future,” Asheesh Birla, RippleNet GM, commented.