Ripple has registered two new brands, RIPPLE IMPACT and RIPPLEX.
Ripple had previously applied to the US Patent and Trademark Office (USPTO) for registration of two new trademarks.
Ripple's latest trademark is Ripple Impact, which was filed with the USPTO on August 19. The trademark has now been approved by the government and added to the TRAM system on August 22, which hosts all US federal trademarks.
According to the attached documents of this trademark, Ripple Impact is supposed to facilitate the financing of various programs and services in the field of financial innovations in line with the functions of Xpring, Ripple's investment arm:
The Ripple Impact brand is expected to cover the Ripple Foundation's charitable services by carrying out fundraising activities, supplementary financing, capital improvement financing, scholarships and grants for courses and services of other companies in the field of financial technologies.
RIPPLEX is another trademark of Ripple, which was registered earlier this month with two different logos. As it turns out, this brand represents one of Ripple's brand new products that deals directly with financial services:
The RIPPLEX brand is expected to cover the field of electronic financial services, including financial services for receiving and paying remittances, sending monetary gifts in the form of Fiat and virtual currencies, and finally exchanging Fiat currencies with virtual currencies on a computer network.
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The community supporting ripple and xrp should be happy with these developments as they always want to see more and more updates and business development news from the team. With 2 new products ripple is definitely moving to a new dimension and i think they are preparing to take off from here.