Ripple notes that the FCA is working with major banks on standards for tokenised gold, including its use as collateral for uncleared OTC derivatives, with an announcement expected within the coming months.
Published
Signal category
Legal & Regulatory
Quote
“The FCA is reported to be working with major banks on standards for tokenised gold, including its use as collateral for uncleared OTC derivatives, with an announcement expected within the coming months”
— Laura Bates|Ripple team
Company
- Industry
- Technology, Information and Internet
- Location
- San Francisco, US
- Company size
- 2,254 employees
Using proven crypto and blockchain technology honed over a decade, Ripple’s enterprise-grade solutions are faster, more transparent, and more cost-effective than traditional financial services. Our customers use these solutions to source crypto, facilitate instant payments, empower their treasury, engage new audiences, lower capital requirements, and drive new revenue. Founded in 2012, Ripple's vision is to enable a world where value moves as seamlessly as information flows today—an Internet of Value. Ripple is the only enterprise blockchain company today with products in commercial use. Ripple’s global payments network includes over 300 customers across 40+ countries and six continents.