SBI Digital Community, a subsidiary of Japanese financial giant SBI, has announced a strategic partnership with Ripple to promote XRP Ledger through the Bto3 community.
Partnership and Initiatives Launch
In a recent tweet from SBI Digital Community, the company revealed plans to launch several initiatives with Ripple. The translated tweet reads: 'We are planning various interesting events with Ripple, and here is what we can announce at this time'.
Potential of XRP Ledger for NFT
In another tweet, SBI explained its choice of the XRP Ledger for NFTs, noting that despite the few options available at the time, they believe in its potential: 'We believe that the XRP Ledger is very promising, even though there were few NFT options available at that time'. The company also expressed confidence that this partnership could lead to an increase in XRP Ledger users.
Collaboration with xrpcafe
In another tweet, SBI Digital Community highlighted their partnership with the XRP Ledger-based NFT marketplace xrpcafe. SBI noted that XRP Ledger NFTs issued via Bto3 will be done using xrpcafe Launchpad, as its UI is easy to understand even for Ethereum users, making secondary distribution easier.
The partnership between SBI and Ripple aims to popularize XRP Ledger through various initiatives and collaborations with key industry players. Regardless of the current number of NFT options, both companies see great potential in the technology and intend to drive its user growth.
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