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Ripple Strengthens Ties with Futureverse to Advance the Metaverse

Sep 3, 2024
  1. Partnership with Futureverse
  2. Development of XRP Infrastructure
  3. Ripple's Global Tour

Ripple recently announced a partnership with Futureverse, aiming to integrate Ripple Custody and create new opportunities for XRP usage in the metaverse.

Partnership with Futureverse

Ripple and Futureverse are collaborating to synchronize Ripple Custody with Futureverse, making XRP more suitable for use in metaverses. Ripple CEO Brad Garlington emphasized that this partnership significantly strengthens the reliability and functionality of Ripple's products.

Development of XRP Infrastructure

Ripple and Futureverse are actively implementing the XRPL NFT standard and using XRP as a transaction token on the Root Network. Additionally, they are integrated with XRPL DEX to supply network liquidity. These efforts demonstrate Ripple's commitment to developing applications and smart contracts using the planned XRPL EVM sidechain by 2025.

Ripple's Global Tour

During its tour in Japan and Korea, Ripple announced three key updates aimed at strengthening the core crypto infrastructure and improving its utility and ease of use.

Ripple's partnership with Futureverse and other initiatives reflect a sustained commitment to developing crypto infrastructure and expanding the use cases for XRP in various fields.

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