Ripple’s Xpring Partakes in Payment Startup’s New Investment Round

a large investment into the sector through it’s investment arm. 

Apart from the above seed fund, Ripple is also helping Coil through Xpring, to support its goal of facilitating an ecosystem for “creators, consumers and strategic partners.”

“There weren’t any artists on the platform yet and I saw it as an incredible opportunity to get in early. There’s not many untapped markets, but I managed to find one. I’m super excited for the future of crypto, Coil, and the music industry as a whole.”

“Our focus is on building a robust ecosystem around XRP. We’re different from traditional investors in that we build infrastructure and tools that make it easier for developers to build with XRP, and then we support projects … around increasing the utilization of XRP.”

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