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Payments Platform Built On Ripple Secures $1.5 Million During Securities Offering
Summary: Digital payments platform Wirex raised $1.5 million over the course of 2 hours during its securities offering today, according to a recent release. The platform is built on the Ripple blockchain and plans to use the funds raised to launch in the United States and Japan in coming months. WireX shares sold for $12. The ...
Digital payments platform Wirex raised $1.5 million over the course of 2 hours during its securities offering today, according to a recent release.
The platform is built on the Ripple blockchain and plans to use the funds raised to launch in the United States and Japan in coming months. WireX shares sold for $12. The platform secured the $1.5 million through crowdfunding on Crowdcube.
The Wirex platform allows users to buy, hold and sell cryptocurrencies. Wirex aims to build a bridge between fiat and crypto, which is why the company has allowed clients to use XRP wallets since 2018.
The release stated that the platform has 3.1 million registered users from 130 different countries and that WireX has generated £315 million in revenue to date.
By Emily Mason
Tags: Cryptocurrency,Ripple,Wirex,XRP
Link: Payments Platform Built On Ripple Secures $1.5 Million During Securities Offering [Copy]
