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TechFlow news, according to The Block, Ripple plans to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies and a Nevada-chartered trust company focused on cryptocurrency and Web3. Ripple intends to continue investing in Fortress and its FortressPay service, which will now begin adopting Ripple's payment technology.
According to today's announcement, the transaction is still subject to due diligence and regulatory approval.
Ripple plans to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies and a Nevada-chartered trust company focused on cryptocurrency and Web3. Ripple intends to continue investing in Fortress and its FortressPay service, which will now begin leveraging Ripple's payment technology. According to today's announcement, the transaction is subject to due diligence and regulatory approvals.
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