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Zoniqx Teams Up with Ripple for Enhanced Digital Asset Management

Published 02/28/2024, 01:30 AM
Updated 02/28/2024, 01:45 AM
© Reuters.  Zoniqx Teams Up with Ripple for Enhanced Digital Asset Management
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  • Zoniqx and Ripple collaborate to revolutionize asset tokenization, integrating XRPL with Zoniqx’s services.
  • CEO Prasanth Kalangi and SVP Markus Infanger express optimism, aiming to simplify real-world asset tokenization.
  • Legal hurdles loom for Ripple despite partnership success, with a class action lawsuit alleging XRP sales violations.

Zoniqx, formerly known as Tassets, has partnered with Ripple, a company engaged in blockchain and cryptocurrency technologies. This partnership effort seeks to use Ripple’s XRP Ledger (XRPL) capabilities to make tokenization more efficient, accessible, and liquid within the digital asset marketplace. Additionally, on February 27, 2024, David Schwartz, Ripple CTO, is slated to offer updates on the XRPLedger’s progress in interoperability and EVM integration.

The partnership combines the XRPL in…

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