Crypto firm Ripple to take 40% stake in Asian payments specialist Tranglo
- Ripple said in a statement Tuesday that the tie-up will help meet demand for the use of its affiliated token XRP in transactions
- Tranglo is based in Malaysia and has processed over 20 million transactions
Crypto firm Ripple Labs Inc. is planning to take a 40% stake in Asian cross-border payments specialist Tranglo.
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