Ripple Expands To Ireland, Grayscale CEO Bullish On Bitcoin ETF, Pullix Presale Gains Traction

Ripple, the blockchain-based payments and remittance firm, has announced its expansion to Ireland. The move marks the company’s continued global expansion, as it continues to seek out new talent that can help drive its technology and its use cases. The company said that it will use the Irish base to hire new employees from across Europe, and will focus on developing new applications of blockchain technology and growing its global customer base. Ripple already has offices in San Francisco, New York, London, Mumbai, and Singapore. Meanwhile, Mike Novogratz, the CEO of cryptocurrency investment firm Grayscale, has expressed an optimistic outlook for a bitcoin exchange-traded fund (ETF). In a recent interview with CNBC, Novogratz said he believes the U.S. Securities and Exchange Commission (SEC) will eventually approve a bitcoin ETF. Novogratz noted that the SEC’s recent frameworks for digital assets and blockchain technologies have created a foundation for the development of a bitcoin ETF. Novogratz also pointed to the growing regulatory clarity surrounding cryptocurrencies as a key factor in the eventual approval of a bitcoin ETF. In related news, the presale of Pullix, the world’s first gold-backed digital asset, has seen an uptick in interest. Pullix combines the decentralization of blockchain technology with the stability of gold to create a reliable digital asset. The presale began on April 1st and will run until April 30th. So far, the project has already seen significant interest from institutions and accredited investors. The presale has raised more than $40 million from investors so far, and is on track to reach its goal of raising $200 million. Pullix will eventually be listed on multiple cryptocurrency exchanges, making it accessible to retail investors as well.