Two Bullish News For Ripple!

#xrpcommunity #xrp #ripple

According to The Daily HODL, XRP Nation tweeted to Billy Barhydt, the CEO of Abra that, I’m very excited about today’s announcement that I can soon purchase US stocks and ETFs with Bitcoin on the AbraGlobal App. Do you plan on offering native XRP on your platform and if so whe n. The #XRPCommunity is awaiting your reply! The CEO replied Yes for XRP. However, he does not have a clear date as to when this may happen.

The exciting news came from the fact that Abra just a few days ago, shared with Coin Telegraph that they were introducing a Bitcoin Investment option for Stocks and ETFs. Forbes also reported that the stocks and ETFs investment feature on the Abra platform are based on a new type of investment model called Crypto Collateralized Contracts (C3s). This new model enables investors to invest in any asset via Bitcoin and smart contracts. Now, users can invest in 50 new traditional investment assets with no trading fees through 2019 via Bitcoin.

Now onto the second portion of the news. Ripple has just partnered with another top 10 universities for the blockchain research program. This program is apart of their University Blockchain Research Initiative (UBRI). The universities joining include Carnegie Mellon, Cornell, Duke, Georgetown, Morgan State, Kansas, Michigan and Northeastern Universities in the US, the National University of Singapore and the University of Sao Paulo Internationally.

Ripple has been making pretty progressive strides in this area. Just last month Ripple also partnered with the Institute for Fintech Research at Tsinghua University in Beijing. The idea of the blockchain research program is to work in conjunction with Ripple’s resources. These Universities will undergo research, develop and launch relevant course materials. They will also award special scholarships to students undergoing work and study in relevant fields such as blockchain, cryptocurrency, digital payments, and related subjects, and they will also host relevant conferences. Ripple now has in total 29 University partners.

So what do you guys think of both situations?
Do you think more companies will follow Abra and will provide more cryptocurrency options like Ripple as a means of payment?
And do you think Ripple is performing well with their University initiative?

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Kane Dane