San Francisco-based crypto startup Ripple has acquired Logos Network, a payment platform, to help in developing decentralized financial products. Ripple is the firm behind XRP, which is the third-largest cryptocurrency.

Xpring Growing Its Team

The investment arm of the company, Xpring initiative, has already brought on board the Logos Network. Logos Network is a blockchain-based payment platform focused on scalability and speed. With the acquisition of the platform, Xpring will now have an additional nine engineers on its team. Xpring will now have a team of 32 members, quite the leap from its two in May. …

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