- Bank of America confirms a partnership with Ripple
- During a podcast, Bank of America confirms the partnership
On April 7th, 2020, Bank of America shares in a podcast that they have already built partnerships with Ripple.
According to a released transcript, Bank of America has several partnerships in the cryptocurrency realm.
we built or partnerships that we have with the likes of Ripple or Swift.These are Fintechs that we’re partnering with. They’ve come through all of our rigor of legal and compliance and we’re able to leverage our banking as a platform to deliver that to youBank of America
This implies that Bank of America has already made partnerships with Ripple. They believe that blockchain technology can help them get in edge in digital banking.
However, it is still unclear what the exact details of these partnerships are and what platforms it entails.
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