BBL Attracts Investment from Ripple (XRP)

IconCryptoNewsTerminal Staff29 May, 2024

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BBL Attracts Investment from Ripple (XRP)

Web3 social protocol BBL recently announced via its official Twitter account that it has "attracted investment from Ripple (XRP)". The specific scale of the investment was not disclosed. BBL, which stands for "Build Back Love," aims to create a decentralized social media platform where users have control over their data and privacy. The platform is based on the XRP Ledger (XRPL), a distributed ledger technology developed by Ripple. This investment from Ripple is a significant development for BBL, as it will provide the company with the resources it needs to further develop its platform and expand its reach. It is also a sign of Ripple's growing commitment to the XRPL ecosystem.

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