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Will ripple work with CIBC?

“We’re excited to be working with CIBC and have already partnered with them in using Ripple’s blockchain technology to complete international payments transfers between our banks as a proof of concept.

Who are CIBC & NAB joining RippleNet?

The Canadian Imperial Bank of Commerce (CIBC) and the National Bank of Australia (NAB) are joining RippleNet to tap its increasingly popular blockchain solution for cross-border payments and settlement, according to an announcement from the Ripple team.

How many banks are joining ripple?

Today we are building on that foundation, announcing the addition of seven financial institutions to our ever-growing network. Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and ATB Financial are among the latest banks to adopt Ripple to improve their cross-border payments.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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