<ul><li>Ripple Labs secures ISDA membership, aligning with financial giants like JP Morgan, Goldman Sachs.</li><li>ISDA inclusion enhances Ripple&#39;s financial prominence, joining Algorand and digital assets within the trade body.</li><li>Ripple&#39;s ISDA entry spurs predictions of blockchain progress and crypto expansion across 1000&#43; global members.</li></ul>Ripple Labs, a significant player in the cryptocurrency market, achieved a remarkable milestone by becoming a member of the prestigious International Swaps and Derivatives Association (ISDA). The ISDA, a renowned trade organization representing OTC derivatives market participants, boasts an impressive list of members, including industry giants like JP Morgan, Blackrock, Goldman Sachs, BNY Mellon, and the London Stock Exchange.Crypto Eri, a well-known XRP influencer, took to Twitter to announce the new development in the crypto space and highlight the significance of Ripple&#39;s alignment with ISDA.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/1907cfa8f9f4443291db40a4a2c37c44.png" />The ISDA&#39;s membership comprises corporations, investment managers, insurance companies, and now, Ripple Labs, adding to its growing representation of digital assets. Notably, Algorand, another significant digital asset player, is already among the esteemed members in the Digital Assets category. With this new membership, Ripple Labs solidifies its position as a prominent player in the global financial landscape, having already established working relationships with numerous financial institutions, businesses, and governments worldwide.Ripple Labs&#39; <a href="https://membership.isda.org/member-showcase/ripple-labs-inc/" rel="noopener noreferrer nofollow">membership</a> in the ISDA is particularly significant as it places the crypto company among over 1000 member institutions spanning 79 countries. As Ripple forges its connections with the association and its members, industry watchers are keen to see if any collaborative efforts would emerge from this alliance.Read full article at <a href="https://cryptotale.org/ripple-labs-joins-international-swaps-and-derivatives-association-isda/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Ripple Labs Joins International Swaps and Derivatives Association (ISDA)

CryptoTale

Alte articole publicate pe 5 aug. 2023

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