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Ripple Officially Announces Investment in ODL-Enabled Exchange, Bitso.

Just minutes ago, Ripple officially tweeted out a quote to @ashgoblue’s tweet confirming that they have invested into ODL-enabled exchange Bitso.

This exchange is going to play a vital role in the liquidity of XRP/MXN, just yesterday, we reported that Bitso exchange saw a 10% increase in XRP liquidity which actually set an all time high.Keep in mind that MoneyGram is live ODL in USD/MXN so MoneyGram flows will be coming through this exchange.

Currently XRP liquidity on Bitso is 2.9x higher than the Bitcoin liquidity which has XRP as the number 1 traded currency on Bitso.