tZero’s Crypto App has added Ravencoin (RVN) to its virtual currencies available to buy and sell. Ravencoin is the 3rd crypto added following Bitcoin and Ethereum. tZero is a subsidiary of Overstock (NASDAQ:OSTK).
Ravencoin currently has a market cap of around $145 million and trades at $0.034 per coin.
tZero’s mobile wallet is available for both iOS and Android platforms. tZERO said it submitted the iOS version of its updated app to the Apple store yesterday and will be submitting the Android version later today.
Once approved, investors on both iOS and Android devices will be able to trade Ravencoin.
“In addition to being one of the fastest-growing cryptocurrencies, Ravencoin is philosophically aligned with tZERO in making it easy to digitize assets and make them freely tradable,” commented tZERO CEO Saum Noursalehi. “Ravencoin allows for straightforward issuance and on-chain transfer of any digital asset, including security tokens, making support for RVN a natural fit for tZERO Crypto.”
Overstock/tZero has long been supportive of Ravencoin. In fact, it was revealed in 2018 that the company had purchased 60 million Ravencoins at $0.03 and have assisted with platform development.
Patrick M. Byrne, CEO of Overstock, said the Ravencoin was recently named the “Most Exciting New Coin of 2019.” Byrne added that Ravencoin is “ideal to be woven into our grander vision of a blockchain tech stack for society.”
Ravencoin is said to be designed to enable instant payments to anyone around the world. The blockchain is described as being optimized specifically for the transfer of digital assets, such as cryptocurrencies, from one holder to another.
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