Crypto Exchange Gemini May Relist XRP Token After Court Ruling

10 months ago

Crypto speech Gemini said its exploring relisting of Ripple's token aft a U.S. national tribunal ruled on Thursday that merchantability of XRP tokens connected exchanges and done algorithms did not represent concern contracts.

"Given today's ruling that the merchantability of XRP connected exchanges is not a security, @Gemini is exploring the listing of XRP for some spot and derivatives trading," the speech said successful a tweet.

Gemini delisted XRP from its level connected Dec. 7 of 2020.

The tribunal published the conclusions successful an bid partially granting a question for summary judgement successful the seminal U.S. Securities and Exchange Commission (SEC) lawsuit against the blockchain platform.

XRP token surged much than 60% connected Thursday, highest since April of past year, according to CoinMarketCap data.

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