Ripple Makes Big Move Into Global Investment Infrastructure

Ripple, a payments company using blockchain technology, is set for a huge partnership with DriveWealth, a global brokerage infrastructure provider, which is expected to usher in blockchain-based payments, stablecoin settlements, and digital asset custody to traditional financial markets. As per the announcement, both companies are set to integrate a number of Ripple's institutional products with the global investment infrastructure of DriveWealth. DriveWealth is a brokerage-as-a-service provider that powers the investing and trading services for over 100 partners globally, ranging from fintechs, digital wallets, and financial institutions providing access to U.S. stock markets.