Ripple President Advocates Tokenization

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Business & Economics

Ripple’s Monica Long Says Banks Can Unlock New Revenue Streams With Tokenization

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72% Informative

Monica Long , the President of Ripple Labs Inc. , has urged banks and financial institutions to take action as tokenization gains ground around the world.

She warned that conventional financial institutions must move quickly or risk being left behind.

According to the Ripple Labs President, by moving to token-based systems, banks can open new income channels, reach wider markets, and cut down on operating costs.

Long centered her advocacy for institutions on this premise.

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formal

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English

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not offensive

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