Ripple has a dominant presence in the market when it comes to crypto payment processors. The platform is already establishing users in multiple parts
when it comes to crypto payment processors. The platform is already establishing users in multiple parts of the world and continues to expand unbothered by the conditions of the market. Ripple on Friday announced that it was moving forward with the decision to acquire Fortress Trust, a licensed Web3 financial, regulatory and technology infrastructure provider for blockchain innovators.
Furthermore, the acquisition also adds another regulatory license to Ripple’s portfolio. The payment processor already has over 30 Money Transmitter License across the, and with Fortress Trust’s takeover, the list would now also include the Nevada Trust license. This is also reflected in the Market Value to Realized Value ratio. The metric is used to analyze the average profit/loss experienced by the investors over the past month, as it uses a 30-day timeframe. The indicator marking sitting at -3.52 % suggests that short-term investors are still experiencing losses in the market.
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