The launch of the XRP foundation is an awesome step necessary to help propel the current development and governance of the XRP ledger, and the tools and resources, which are supporting it.  They have just launched and a lot of activities to make diversity and inclusion a priority is expected to occur. And, lot of education for the XRP community too.

Ripple have already shows initiative in improving the educational prospects. Expectations are brewing to see more of instant settlement and micro-transactions build on the XRP ledger.  The Foundation will be working with all the stakeholders in the ecosystem to forward their mission.

XRP ledger Foundation tweeted:  “Today we launched the XRP Foundation, an independent non-profit, focusing on the growth, innovation, and development of the XRPL and XRP community. With support of industry leaders, academics, and community members, we can ensure XRPL is well-positioned for the future.

What are we doing? Developing core XRPL infra – governance, validator diversity, code maintenance – Publishing a Unique Node List – Growing an already incredible Dev community – Promoting sustainable and scalable practices.

We have been in the XRP community for years, and we’re excited to take this next step together to build and support the Ledger”

David Schwartz in response tweeted:  “The XRP Ledger was built for payments, and the XRP Foundation was built to support the XRPL 😉 From all of us at @Ripple, we’re looking forward to building with you.”

Ripple (XRP) Chris Larsen Moving XRP Wallet to NYDIG

Chris Larsen recently tweeted:  “As some of you may have noticed, I moved an $XRP wallet to NYDIG. I’ve known the founders for a while, and am impressed by their security and top notch institutional standards — this is truly custody 2.0. Check them out.”

For those who do not know about NYDIG, they provide the full suite of digital asset services to premier institutions and sophisticated investors.

NYDIG provide private wealth management for high networth individuals and financial advisors providing for secure custody and trading solutions.  They help with Integration partnerships which enable banks and businesses to provide digital asset services and own the customer relationship. In areas of Prime Brokerage, they provide custody, financing, and execution solutions for hedge funds and active traders.

In areas of asset management, they help with long or customized exposure to digital assets through funds, SMAs, and derivatives. In short, they are about digital asset expertise.