Quote from: Vitamin_52 on October 16, 2019, 05:40:01 PM

Quote from: Harrydose on October 16, 2019, 08:36:48 AM

The SVP of product management of Ripple, Asheesh Birla has announced yesterday on Twitter that Ripple has invested into the Bitso, which is a Mexican Exchange. Bitso is the largest exchange in Latin America, but Birla didnt reveal the investment amount that has been made. Also, Birla will be joining the board of directors in Bitso.

Read More: https://www.thecoinrepublic.com/ripple-has-invested-in-mexican-exchange-bitso/

Ripple if I am not mistaken the European banking sector, why they climb into someone else's sphere in the form of Mexico is unclear. This is purely my opinion, but I do not consider Ripple a cryptocurrency. She's Rip to Me)

I don't think they've ever said to restrict themselves to the European banking sector. Ripple was supposed to be a token used by the banks, it did strike some deals with banks in europe and canada but that business model never really got a success. So, they are trying many other ways to be in the market and create buzz around the project. Hope they would successfully devise a way to benefit ripple holders with their investments.