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Crypto Reporter

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Crypto news in brief (April 26, 2019): Wirex, Ripple, Ledger, Samsung, Societe Generale, Forbes

April 26, 2019 By Crypto Reporter

– Wirex has partnered with Stellar to launch 26 stablecoins
– Ripple sold $169.42 million worth XRP in Q1 2019
– Ledger has secured investment of ~$2.9 million from Samsung
– Societe Generale issued EUR 100m of covered bonds as a security token
– Forbes released a list of billion-dollar companies implementing blockchain technology

UK-based cryptocurrency payment processor Wirex has partnered with Stellar to launch 26 stablecoins on Stellar blockchain.

The stablecoins will be backed by fiat currencies, including USD, EUR, GBP, HKD and SGD.

Wirex is a company licensed by the UK Financial Conduct Authority (FCA) that allows crypto users to spend their cryptocurrencies with Wirex Visa card.

***

Ripple sold $169.42 million worth XRP in Q1 2019, compared with $129.03 million in the previous quarter.

***

Hardware cryptocurrency wallet manufacturer Ledger has secured investment of ~$2.9 million from Samsung, according to Cointelegraph.

***

Societe Generale SFH, a subsidiary of Societe Generale Group, issued EUR 100m of covered bonds as a security token, directly registered on the Ethereum blockchain.

***

Financial news outlet Forbes released a list of companies implementing blockchain technology that have minimum revenues or valuations of $1 billion.

The list includes both companies in the crypto and blockchain development spaces, as well as larger companies in the traditional markets, such as banks and clearing houses, food companies and supply chain management firms.

The list contains such household names as Amazon, Walmart, Facebook, ING, Mastercard, Microsoft and Nestle, as well as U.S.-based cryptocurrency exchange Coinbase, European mining and hardware firm Bitfury, and blockchain-based financial services network and XRP token creator Ripple.

Filed Under: General News, News

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