tl;dr
SBI Digital Community Co., Ltd., a subsidiary of SBI Group, and Ripple Labs have announced a strategic partnership to integrate the XRP Ledger into the Bto3Web3 community digital platform. The collaboration aims to promote the use of the XRP Ledger by issuing Non-Fungible Tokens (NFTs) and rewarding...
SBI Digital Community, Ltd. and Ripple Labs have forged a strategic partnership to promote the XRP Ledger within the Web3 community. The collaboration aims to issue NFTs on the XRP Ledger and reward community contributors in XRP, with a goal of increasing XRP Ledger users and enhancing convenience in real-world B to C services.
The partnership, with a capitalization of 50 million yen, showcases the previous collaborations between SBI Group and Ripple Labs, highlighting the XRP Ledger's versatility and integration into various projects.
SBI Digital Community, a subsidiary of SBI Group, will integrate the XRP Ledger into the Bto3Web3 community digital platform, focusing on enhancing its functionality and broadening its appeal. The initiative involves the issuance of Non-Fungible Tokens (NFTs) on the XRP Ledger and utilization of xrp.café, a marketplace for NFT distribution and exchange.
Additionally, the partnership aims to reward community creators and contributors in XRP, incentivizing and supporting their contributions to the platform. The project has a capitalization of 50 million yen, and the relationship between SBI Group and Ripple Labs dates back to 2016, with previous integrations of the XRP Ledger into various projects.
At present, XRP is trading at $0.5673, marking its attempt at a second breakout based on the 1-week chart.
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Sector: MANUFACTURING
Industry: SEMICONDUCTORS & RELATED DEVICES
Market Cap: 77345000
Dividend Yield: None
EPS: -0.68
PE Ratio: 1.918
Profit Margin: -0.127
Revenue: 106582000
Price to Book: 4.38
Price to Sales: 3.42
ROE: 0.148
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Industry: ENERGY & TRANSPORTATION
Sector: RAILROADS, LINE-HAUL OPERATING
Market Cap: $54.18 billion
Current Price: $264.45
P/E Ratio: 30.29
EPS: 5.4
Dividend (Yield): $7.83 (2.96%)
52-Week Range: $53.49 - $264.45
Beta: 0.148
Net Income: $12.09 billion
Shares Outstanding: 120.92 million
Volume: 1.082 million
Average Volume (3 months): 0.021 million