Ripple’s Investment Arm Intends to Develop DeFi Product with New Acquisition
Xpring, an investment arm of Ripple blockchain startup has recently inked a new acquisition deal. The platform acquired a payments platform Logos Network and intending to build decentralized finance (DeFi) product based on XRP token. Ripple is actively investing in emerging products to expand the ecosystem of XRP, the third largest cryptocurrency in terms of market capitalization.
