Crypto Custody Provider Atato Confirms Integration With Cronos Chain, XRP Ledger
Portfolio Pulse from Murtuza Merchant
Crypto custody provider Atato is integrating with Cronos Chain and XRP Ledger (CRYPTO: XRP) blockchain. The integration aims to streamline the coding processes, enhance security, flexibility, and operational efficacy, and address the industry challenge of restricted asset backing. The integration is part of Atato's Bring-Your-Own-Chain (BYOC) network, which is expected to benefit web3 builders, startups, developers, SMEs linked with XRP Ledger, Cronos ecosystems, and other such environments.
October 26, 2023 | 1:09 pm
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POSITIVE IMPACT
The integration of Atato with XRP Ledger could potentially increase the utility and demand for XRP, which may have a positive impact on its price in the short term.
The integration of Atato with XRP Ledger is expected to enhance the security, flexibility, and operational efficacy of the XRP Ledger. This could potentially increase the utility and demand for XRP, especially among web3 builders, startups, developers, and SMEs linked with XRP Ledger. As demand for a cryptocurrency is one of the key drivers of its price, this development could have a positive impact on the price of XRP in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80