San Francisco-based financial technology company Ripple announced on Tuesday that it will launch a new product "Ripple Liquidity Hub" in 2022, which aims to enable clients to seamlessly access crypto assets from various global locations, such as market makers, exchanges, over-the-counter trading desks, and future decentralized venues. 

The product will support turn-key integration and smart order routing, enabling customers to easily buy, sell and hold cryptos. The new service will first support six cryptocurrencies after launching: BTC, ETH, LTC, ETC, BCH and XRP (availability varies by region), and plans to expand to more tokenized assets.

The first partner for the new service is the payment and crypto ATM company Coinme. Ripple stated that it plans to add other features in the future, such as support for staking and yeild generation.

By Mary Liu