ICYMI: Ripple's partner established a partnership with Canada's CIBC using Ripple's blockchain network technology XRP $XRP XRPnews
. In November, Ripple announced its plan to launch a liquidity hub that will allow enterprises to seamlessly access a slew of trading venues. Ripple is reportedly valued at roughly $15 billion after buying back shares from its Series C funding round in January.
, more enterprise blockchain apps are integrating cryptocurrencies and other digital assets for operational and transactional purposes, highlighting the fact that crypto is moving closer to mainstream acceptance. To fully realize this shift, both financial institutions and businesses will have to wholly embrace the technology by first gaining a better understanding of crypto utility.