Ripple buys Icelandic crypto trading exchange to support RippleNet
Ripple has acquired Icelandic crypto trading firm Algrim to help it provide a better service to customers of its RippleNet product suite. Ripple is a cryptocurrency-focused company aimed at the cross-border payments industry. Businesses that sign up to RippleNet can make cross-border payments between many countries, including ones traditionally shirked by mainstream banks, such as Mexico.
