Nick Burrafato, the director of member investments at Linqto, recently took to his verified X account to relay the exciting news about a potential re-establishment of avenues for Ripple share investments on the Linqto platform.
The director tweeted yesterday, “We are expecting to have Ripple back on the Linqto.com platform sometime today.”
We are expecting to have Ripple back on the https://t.co/wkr4U2oomx platform sometime today! pic.twitter.com/yJYSyVs8Ba
— Nick Burrafato (@Nick_Burrafato) October 10, 2023
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The latest development could be due to the intimidating and rushed demands that played out during their former offering for non-accredited investors. Shares rapidly sold out, indicating a growing strong attraction for them.
For context, Linqto is an investment platform that empowers individual investors with private investment opportunities by making these acquisition options affordable, accessible, and liquid for users.
Minimum Criteria To Enjoy Ripple Share Investments On Linqto
While the disclosure from Linqto to re-establish Ripple share investments on its platform seemed to be sparking excitement, especially among XRP holders, details about the requirements to partake in the offering are still sketchy.
However, some minimum benchmarks must be met. Just like the former offering, a financial obligation would be attached to the new proposal. The exact amount for this remains unknown. Nonetheless, it is worth mentioning that $2,500 was the fixed fee for the previous offer.
Aside from the financial responsibility, investors are to create unique accounts on the Linqto platforms with additional funds for investing before the investment link becomes active.
Funding options on the platform include a faster debit card transfer through the Uphold exchange or an extended payment option via bank transfer, which could take up to three days to process.
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Support Continues To Soar For XRP
In other news, Binance, one of the world’s leading crypto exchanges, recently revealed plans to make adjustments that would further bolster XRP’s support.
The latest initiative involves removing the XRP/BUSD liquidity pool. Aside from expanding backing for XRP, the latest move aims to maximize users’ experience while circumventing regulatory restrictions.
The above changes would take effect starting from October 17, 2023, at 04:00 (UTC), and what it implies for users is that their assets in this pool will be returned to their spot wallets.
Meanwhile, at the time of writing, XRP is changing hands at approximately $0.48 with a market capitalization of $25,865,308,568 and a 24-hour trading volume of $708,625,250.
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