Sologenic Set to Release New Components: XRP Ledger Cross-chain Bridge, Fiat Ramp and IDO Lanch-pad

Sologenic Set to Release New Components: XRP Ledger Cross-chain Bridge, Fiat Ramp and IDO Lanch-pad
  • Sologenic is set to release new components to its ecosystem, including an XRP ledger cross-chain bridge, a Fiat Ramp, and an IDO launch-pad. These new components will allow for greater interoperability and flexibility within the Sologenic ecosystem, and will provide users with more options for using and managing their assets.
  • The XRP ledger cross-chain bridge will allow for cross-chain transfers of assets between the Sologenic ecosystem and the XRP ledger, providing greater liquidity and flexibility for users.
  • The Fiat Ramp will allow users to convert fiat currencies into Sologenic tokens, providing greater access to the ecosystem for users who may not have cryptocurrency.
  • The IDO Lanch-pad will provide a launchpad for Initial DEX Offerings (IDOs) on the Sologenic ecosystem.
  • These new components will allow for the creation of a more comprehensive and user-friendly platform that will be able to cater to a wider range of users.

About Sologenic

Sologenic is disrupting the asset trading industry by offering: Tokenized Securities, Crypto Assets and NFT’s in a decentralized ecosystem. The Sologenic Development Foundation is formed by independent developers who maintain, build and expand the Sologenic ecosystem.

Cross-Chain bridge between XRPL and other blockchains

  • On January 26th, 2022, Ripple announced a strategic partnership with Allbridge, a cross-chain bridge with more than $500 million in total value locked. This partnership will support token swap between the XRP Ledger and multiple other blockchains.
  • This is a significant development for Ripple, as it expands the potential use cases for the XRP Ledger and makes it even more versatile. The partnership with Allbridge is just one example of Ripple’s commitment to building an ecosystem of partners and supporting infrastructure that enables the XRP Ledger to reach its full potential.
  • Allbridge is a well-established player in the blockchain space, and this partnership will help to further legitimize Ripple and the XRP Ledger in the eyes of the broader crypto community. This is a positive development for the long-term prospects of the XRP Ledger, and will help to increase its utility and adoption over time.
  • This partnership will allow Ripple to expand the reach of the XRP Ledger and provide more options for users looking to move their tokens between different blockchains.