Share this article
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.
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
"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
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
