In a video that was broadcast on the web, eToro CEO Yoni Assia shows interest in the Ripple platform and is looking for a partnership with the company. eToro is a trading and investment platform that aims to allow users to trade with cryptocurrencies, commodities, ETF, etc.
Blockchain technology will break into financial services,
In this video, which was recorded at the Fintech Forum in Paris this year, Assia told his opinion about blockchain and how he believes that this technology will break into financial services, said the tokenization of assets will provide a solution to the difficulty of move assets around the world and that all wealth management would be transformed, since blockchain technology will allow assets to pass from one company to another and then sell them in real time, he said:
“The biggest difference in assets with token is that you can transfer them to your own potential wallet. And that means it is faster.”
He also said he was really interested in Ripple and said:
“I believe that, as a financial technology company, it is very important for us to foster relationships with other advanced technology companies. Obviously, we are one of the largest trading platforms in XRP, so we are very interested in establishing a relationship with Ripple Labs and understanding what we can do together.”
An interest in partnering with the Ripple platform
In the past, Binance also showed interest in partnering with the Ripple platform as the CEO of Binance stated:
“We are focused on launching more functions at this time, so we are working with other partners. With xRapid, there is nothing at this time, but in the future, we will definitely want to add them as partners.”
Ripple is adding more and more members to its growing list of partners, as they join forces with Coin.ph, Bittrex, Bitstamp and Bitso.
However, seeing how Ripple’s company has been active lately, they are trying to move forward and a partnership with Binance and with eToro could be very interesting for the Ripple platform, we will be waiting to see how this turns out.
Also published on Medium.