Crypto trading platform CrossTower has announced its partnership with Ripple for the integration of non-fungible tokens (NFT) embedded on XRP Ledger, in the CrossTower NFT marketplace. Ripple is a leader in blockchain and crypto solutions for companies.
XRP Ledger or XRPL is known for being an ultra-fast, carbon-neutral and cost-effective blockchain. The integration of this technology into CrossTower’s marketplace will pave the way for new age infrastructure, which always reduces the time for onboard projects, CrossTower announced in a press release.
According to the publication, the out-of-the-box media includes, among other things, payments, wallets, liquidity support. Ultimately, the time-to-market for onboarding projects will be accelerated.
“Ripple’s commitment to building a developer network in India is particularly exciting for CrossTower, as we are committed to developing India’s Blockchain talent. We look forward to the growth of our global NFT platform,” said CrossTower CEO Kapil Rathi.
CrossTower has already distinguished itself in the NFT domain and aims to expand its marketplace. The expansion will only be possible by improving the marketplace’s functionality to incorporate and support XPRL, the company said.
The end result is expected to significantly reduce both costs and the barrier for potential creators who want to create their projects on this Blockchain technology. Blockchain will also enable proper settlement and liquidity for tokenized assets.
In addition to creators, fans are also expected to benefit from this partnership.
The CrossTower Marketplace already provides an engaging user experience, connecting fans to their beloved creators and notable brands.
In addition, XPR Ledger will enhance the digital shopping experience, enabling users to buy and sell NFTs via credit card. The purchased assets can then be received through integrated wallets (one of the out-of-the-box media mentioned above).
While this partnership is an ongoing move towards expansion, CrossTower has already attracted the attention of projects, such as Antara and David Bowie world in the dedicated marketplace. A number of initial projects on the proposed XPRL Blockchain technology are expected to attract a global audience.
Details of the opening session will be announced in the coming weeks.
