BTC
$111,528.09
+
3.93%
ETH
$2,656.07
+
4.74%
USDT
$0.9999
-
0.02%
XRP
$2.4282
+
3.36%
BNB
$687.14
+
4.70%
SOL
$178.75
+
6.45%
USDC
$0.9998
-
0.00%
DOGE
$0.2412
+
7.67%
ADA
$0.8030
+
6.23%
TRX
$0.2761
+
1.14%
SUI
$3.8374
+
8.61%
LINK
$16.55
+
5.20%
HYPE
$31.10
+
18.63%
AVAX
$25.08
+
8.40%
XLM
$0.3002
+
4.25%
SHIB
$0.0₄1529
+
5.75%
HBAR
$0.2034
+
3.88%
BCH
$430.99
+
5.27%
LEO
$8.8904
+
0.87%
TON
$3.1682
+
4.25%
Logo
  • News
  • Prices
  • Data
  • Indices
  • Research
  • Events
  • Sponsored
  • Sign In
  • Sign Up
Markets
Share this article
X iconX (Twitter)LinkedInFacebookEmail

Ripple Invests $750,000 to Bring XRP to Crypto Wallet BRD

Mobile wallet provider BRD plans to add XRP support to its iOS and Android apps.

By Nikhilesh De
Updated Sep 13, 2021, 11:34 a.m. Published Oct 11, 2019, 3:00 p.m.
ethan-beard-ripple-xpring

Mobile wallet provider BRD is partnering with Ripple's Xpring to boost XRP adoption.

The companies announced Friday that Xpring would invest some $750,000 into BRD as part of its efforts to "build the internet of value." As part of this new "strategic partnership," BRD will integrate XRP and begin building on Xpring's developer platform.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

"The partnership and investment will enable BRD users to hold, buy, sell and send XRP to anyone in the world," a press release noted.

Ethan Beard, senior vice president of Xpring, praised BRD as "one of the oldest and most respected" mobile wallet providers in the space. He said in a statement that the wallet is aiding in mainstream adoption of cryptocurrencies, adding:

"The BRD team has helped consumers on-ramp $6 [billion] worth of traditional currencies into digital currency, making them an ideal partner to continue the proliferation and adoption of cryptocurrencies like XRP to solve real-world problems."

"We’re incredibly excited about joining forces with Ripple to bring XRP to our user base," BRD CEO and co-founder Adam Traidman said in a statement. "Ripple understands the need for a strong wallet partner as they push into key markets like cross-border banking and remittance, so we are thrilled to help them achieve their goals. In addition, it is our plan to have BRD be the cheapest and easiest place to buy XRP moving forward."

BRD announced support for XRP earlier this month, after Xpring began offering a software development kit for companies to integrate XRP and fiat payments into different applications. The wallet already supported bitcoin, bitcoin cash, ethereum, ERC-20 tokens and DAI, with customers able to purchase bitcoin, ethereum and DAI using ACH wire transfers.

The company currently offers its iOS and Android apps in some 170 countries.

Xpring's Ethan Beard image via YouTube/Ripple

RippleXRPNewsXpringBRD
Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

X icon
Nikhilesh De

This is your last article this month.

Sign up for free

About

  • About Us
  • Masthead
  • Careers
  • CoinDesk News
  • Crypto API Documentation

Contact

  • Contact Us
  • Accessibility
  • Advertise
  • Sitemap
  • System Status
DISCLOSURE & POLICES
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.
EthicsPrivacyTerms of UseCookie SettingsDo Not Sell My Info

© 2025 CoinDesk, Inc.
X icon
Sign Up
  • News
    Back to menu
    News
    • Markets
    • Finance
    • Tech
    • Policy
    • Focus
  • Prices
    Back to menu
    Prices
    • Data
      Back to menu
      Data
      • Trade Data
      • Derivatives
      • Order Book Data
      • On-Chain Data
      • API
      • Research & Insights
      • Data Catalogue
      • AI & Machine Learning
    • Indices
      Back to menu
      Indices
      • Multi-Asset Indices
      • Reference Rates
      • Strategies and Services
      • API
      • Insights & Announcements
      • Documentation & Governance
    • Research
      Back to menu
      Research
      • Events
        Back to menu
        Events
        • Consensus 2025
        • Consensus 2025 Coverage
      • Sponsored
        Back to menu
        Sponsored
        • Thought Leadership
        • Press Releases
        • CoinW
        • MEXC
        • Phemex
        • Advertise
      • Videos
        Back to menu
        Videos
        • CoinDesk Daily
        • Shorts
        • Editor's Picks
      • Podcasts
        Back to menu
        Podcasts
        • CoinDesk Podcast Network
        • Markets Daily
        • Gen C
        • Unchained with Laura Shin
        • The Mining Pod
      • Newsletters
        Back to menu
        Newsletters
        • The Node
        • Crypto Daybook Americas
        • State of Crypto
        • Crypto Long & Short
        • Crypto for Advisors
      • Webinars & Events
        Back to menu
        Webinars & Events
        • Consensus 2025
        • Policy & Regulation Conference
      Select Language
      English enEspañol esFilipino filFrançais frItaliano itPortuguês pt-brРусский ruУкраїнська uk