XRP-Backed ETP Launches on Europe's Leading Exchange for Digital Assets

XRP will join the company suite of institutional-grade crypto exchange-traded products (ETPs) including Bitcoin, Etherium, Solana, Cardano, Polcadot, Lightcoin, Avalanche, and Cosmos, Polygon and Uniswap that will trade on Xetra.

Bradley Duke, founder of ETC Group, says the reason behind choosing XRP is that Ripple is fast becoming a leader in the global payment system where hundreds of financial institutions are choosing Ripple to provide a better real-time international payment experience for their customers.

Formerly covered by U.Today, Ripple CEO Brad Girlinghaus noted that despite the lengthy lawsuit, Ripple is currently fighting with the U.S. Securities and Exchange Commission, and the company is enjoying record growth outside the United States.