Sologenic collaborates with Uphold to enable seamless XRP and SOLO purchases globally by introducing “Topper,” an on-ramp solution boasting high approval rates and swift settlement speed.
Dubai-based Sologenic, a prominent player in global tokenization solutions, has announced collaborating with US-based crypto exchange Uphold to launch a new application.
According to a recent tweet from Sologenic, the strategic partnership saw the introduction of a novel on-ramp solution designed exclusively for the XRP Ledger (XRPL), dubbed “Topper.”
Sologenic joins forces with @UpholdInc to integrate a new on-ramp solution tailored for the #XRPL.
Topper brings high approval rates, rapid settlement speed, and global access to $XRP & $SOLO including the US.
Learn: https://t.co/zBWMRYCSXT
Trade: https://t.co/zOnyGGxXeq pic.twitter.com/NO5hVaAgwk— Sologenic (@realSologenic) July 27, 2023
Sologenic’s tweet about the alliance stated that Topper brings numerous advantages, including high approval rates, swift settlement speed, and worldwide accessibility to both XRP and SOLO tokens. Notably, the features also extend to the United States.
Meanwhile, the Uphold exchange confirmed partnering with Sologenic’s decentralized exchange (DEX) platform to build the on-ramp solution. In a recent Twitter space discussion, Frankie Picciano, Global Head of Topper Sales, emphasized the revolutionary features of Topper.
— Uphold (@UpholdInc) July 27, 2023
He noted that the Uphold team put so much hard work into making the project successful. Picciano further thanked the crypto community for the positive response to Topper, promising to improve the existing features to make buying XRP and SOLO more seamless.
Similarly, Erik Stoltz, Senior Business Development Manager at Sologenic, highlighted the essence of establishing the crypto payment solution. He stressed the need to be able to move funds in real time between trading platforms amid regulatory changes.
Topper
Further details from the Topper website shed light on the platform’s unique offerings to the crypto community. It claims to operate an easy-to-implement payment tool that enables crypto projects to process a more extensive array of customer payments.
Topper also claimed to support twice as many digital assets as other solutions. According to the firm, the payment widget is designed to forestall the likelihood of payment declines, ultimately increasing revenue for crypto businesses.
The development comes a few weeks after Uphold launched UpHODL, its proprietary multi-chain self-custodial crypto wallet. As The Crypto Basic reported, the wallet offers an option to buy crypto directly.
Notably, the recent launch of Topper is a testament to the long-standing relationship between Sologenic and Uphold. As The Crypto Basic reported, Uphold was one of the exchanges that exclusively allowed trading for the Sologenic native token SOLO.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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