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Markets

Again, Champion Breweries top gainers chart

This is a summary of how bullish sentiment on the @nsenigeria, caused the ASI to close negative on the second day of trading this week.

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Nigerian Stock Exchange, sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms, Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion , Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion

The Nigerian Stock Exchange (NSE) ended Tuesday’s trading session in negative territory. The All Share Index closed at 29,818.80 basis points, down 0.39%. Year to date, the index is down 5.13%.

Top Gainers: Champion Breweries Plc was the best performing stock today. The stock gained 10% to close at N1.32. NEM Insurance Plc gained 8.78% to close at N2.23. Unity Bank Plc gained 8.57% to close at N0.76. Linkage Assurance Plc gained 8.33% to close at N0.52. Oando Plc rounds up the top five gainers for today, gaining 6.76% to close at N3.95.

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Top Losers: On the flip side, Okomu Oil Palm Plc was the worst performing stock, declining by 10% to close at N66.60. Associated Bus Co Plc fell by 10% to close at N0.27. International Breweries Plc fell by 9.97% to close at N16.70. Chemical and Allied Products Plc fell by 9.97% to close at N28. Julius Berger Nigeria Plc rounds up the top five losers for the day, shedding 9.93% to close at N19.50.

Top Trades by Volume: Wema Bank Plc was the most actively traded stock today. 2,399,041,825 shares valued at N1,475,357,949.28 were traded in 60 deals. Zenith Bank Plc was next with 409,965,614 shares valued at N8,200,827,708.70 traded in 341 deals. Access Bank Plc followed with 13,678,348 shares valued at N87,588,236.05 traded in 172 deals. 9,748,251 shares of United Bank for Africa Plc valued at N59,523,815 was traded in 138 deals. Guaranty Trust Bank Plc rounds up the top five most actively traded stocks today with 9,662,615 shares valued at N297,439,496.60 traded in 196 deals.

Corporate Actions:

Oando Plc issued a statement on the NSE as regards the alleged fair hearing the Securities & Exchange Commission (SEC) claims they were accorded. The company said it was not afforded the opportunity to meet with SEC, adding that it only responded to questions posed by the assigned auditors for its business.

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Omoluabi Mortgage Bank Plc notified the public on the date of it’s 5th Annual General Meeting (AGM). According to the bank, the AGM will be held on the 10th of July, 2019, by 10.00am, at Aurora Conference and Event Centre, Plot 6 Iwo-Ikirun Expressway, Ring Road by NNPC Mega Station, Osogbo, Osun State.

Secure Electronic Technology Plc announced that its AGM will hold on Thursday, 11th July 2019 at The Events Warehouse, Plot CDE Industrial Crescent, off Town Planning Way, Ilupeju, Lagos at 12pm.

Greif Nigeria Plc released its unaudited financial statement for the second quarter period ended 30 April 2019. Revenue for the period was N89.5 million as against N312.7 million in 2018, representing a decrease of 71%. Loss before tax stood at N108 million from a profit before tax of N5.2 million in 2018, which is 2,171% decrease. Loss after tax was N59.4 million as against a profit after tax of N614,000 in 2018, slipping by 9,772%.

Finally, Dangote Cement Plc held its AGM at the Eko Hotel and Suites in Lagos yesterday. At the AGM shareholders accepted the 2018 annual reports and accounts of the company and a dividend of N16 per share was approved. Directors, including Aliko Dangote, were re-elected to the company’s board.

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Stock Market

MTN, STANBIC, SEPLAT record gains, Nigerian bourse up in four straight days

This marked an improved performance when compared with the previous outlook.

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The Nigerian Stock market continued its bullish run for four straight days, as the NSE All-Share Index gained by +0.19% to close at 24,930.34 basis points at the end of today’s trading session. The market capitalization currently stands at N13.005 trillion, while Year-to-Date (YTD) returns is -7.12%.

Meanwhile, the Nigeria Stock Exchange trading turnover closed negative today, as volume moved down by -54.67% as against +148.14% uptick recorded during the previous session. FBNH, WAPCO, and JAPAULOIL were the most active Nigerian stocks by trading turnover during today’s session.

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READ MORE: NIPOST’s new charges could have ruined the e-commerce/logistics industry

On the other hand, market breadth closed positive as SEPLAT led 20 gainers, compared to 10 losers who were topped by UBN. This marked an improved performance when compared with the previous outlook.

The Top Gainers

  • SEPLAT up 9.03% to close at N350
  • STANBIC up 4.76% to close at N31.5
  • NASCON up 4.17% to close at N13.5
  • GUINNESS up 3.85% to close at N13.5
  • MTNN up 0.42% to close at N118.5

The top losers

  • UBN down 7.41% to close at N5
  • LEARNAFRCA down 6.93% to close at N0.94
  • MAYBAKER down 3.45% to close at N2.8
  • BUACEMENT down 1.74% to close at N39.5
  • FLOURMILL down 1.03% to close at N19.2

READ: Bitcoin whale moves 88,989 BTC worth $1 billion

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Market Outlook

The Nigerian bourse has closed on a bullish note over the past four trading days. This is because investors have continued their buying pressures on notably undervalued blue-chip stocks. However, with the present economic macros, Nairametrics recommends you seek the counsel of a certified financial advisor.

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Currencies

Daily Parallel Market exchange rate – ₦486/$1

The US dollar closed at ₦486/US$1 in the parallel market

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Forex, NIGERIA: Daily Parallel Market, Exchange Rate

The exchange rate between the naira and the US dollar on Thursday, August 6th 2020 closed at 486/US$1 in the parallel market. The exchange rate closed at 483/$1 on Wednesday 5th August 2020.

  • Naira:486
  • Dollar: $1
  • Date: August 6th, 2020

The exchange rate between the naira and the British pound sterling closed at  ₦585/₤1 on Thursday 6th August as against ₦587/₤1 recorded on Wednesday 5th August 2020.

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  • Naira: ₦585
  • Pounds Sterling: ₤1
  • Date: August 6th, 2020

Explore Economic Research Data From Nairametrics on Nairalytics

The exchange rate between the naira and the European euro closed at ₦550/€1 on Thursday 6th August 2020. The exchange rate closed at ₦545/€1 on Wednesday 5th August 2020.

  • Naira: ₦550
  • Euro: €1
  • Date: August 6th, 2020

Activity: USD closed at 486/US$1 in the parallel market

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READ ALSO: The risk of buying Forex at black market rate of N460/$1 

DateCurrencyBuy(AM)Sell(AM)Buy(PM)Sell(PM)Volatility
8/6/2020Dollar470480475486Low
8/6/2020Pounds575587578585Low
8/6/2020Euro534545536550Low
8/5/2020Dollar465475473483Low
8/5/2020Pounds570580575587Low
8/5/2020Euro525540532545Low
8/4/2020Dollar470480470480Low
8/4/2020Pounds560570560570Low
8/4/2020Euro520530520530Low
8/3/2020Dollar470480470480Low
8/3/2020Pounds560570560570Low
8/3/2020Euro520530520530Low
7/31/2020Dollar470480470485High
7/31/2020Pounds570582575585Low
7/31/2020Euro500520505520Low
7/30/2020Dollar470490470485High
7/30/2020Pounds550570550580High
7/30/2020Euro495520500525High
7/29/2020Dollar468475467475Low
7/29/2020Pounds575585580590Low
7/29/2020Euro530540530545Low
7/28/2020Dollar469475467475Low
7/28/2020Pounds575593580595Low
7/28/2020Euro550560540550Low
7/27/2020Dollar465473466473Low
7/27/2020Pounds570580575583Low
7/27/2020Euro510520515530Low
7/24/2020Dollar465472464472Low
7/24/2020Pounds570580572582Low
7/24/2020Euro510520505520Low
7/23/2020Dollar460472465472Low
7/23/2020Pounds565575565580Low
7/23/2020Euro510520505520Low
7/22/2020Dollar465472465472Low
7/22/2020Pounds565575560578Low
7/22/2020Euro510525510528Low
7/21/2020Dollar461472462472Low
7/21/2020Pounds560573560575Low
7/21/2020Euro498515500520Low
7/20/2020Dollar460473462473Low
7/20/2020Pounds550570555575Low
7/20/2020Euro495505500510Low
7/17/2020Dollar462470460470Low
7/17/2020Pounds560570558570Low
7/17/2020Euro490500490500Low
7/16/2020Dollar460470460470Low
7/16/2020Pounds558565560570Low
7/16/2020Euro485495485499Low
7/15/2020Dollar455465455470Low
7/15/2020Pounds560565558570Low
7/15/2020Euro485495488498Low
7/14/2020Dollar448462455470Low
7/14/2020Pounds540550557570Low
7/14/2020Euro485495489498Low
7/13/2020Dollar450460448462Low
7/13/2020Pounds540550540550Low
7/13/2020Euro485495485495Low
7/10/2020Dollar453460458465Low
7/10/2020Pounds520525550555High
7/10/2020Euro465467510520High
7/9/2020Dollar455461455463Low
7/9/2020Pounds550558550562Low
7/9/2020Euro495504498505Low
7/8/2020Dollar455461455461Low
7/8/2020Pounds550558550558Low
7/8/2020Euro495504495504Low
7/7/2020Dollar455461455461Low
7/7/2020Pounds550558550558Low
7/7/2020Euro495502495502Low
7/6/2020Dollar455462455461Low
7/6/2020Pounds550562547555Low
7/6/2020Euro495502496502Low
7/3/2020Dollar455462454461Low
7/3/2020Pounds548560550560Low
7/3/2020Euro495505495502Low
7/2/2020Dollar455462454461Low
7/2/2020Pounds548560550560Low
7/2/2020Euro495505495502Low
7/1/2020Dollar455462455462Low
7/1/2020Pounds548560548560Low
7/1/2020Euro495505495505Low
6/30/2020Dollar452460452460Low
6/30/2020Pounds547560547560Low
6/30/2020Euro495505495505Low
6/29/2020Dollar450460450460Low
6/29/2020Pounds547560547560Low
6/29/2020Euro495505495505Low
6/26/2020Dollar452457452460Low
6/26/2020Pounds547557547560Low
6/26/2020Euro490498490502Low
6/25/2020Dollar452457450455Low
6/25/2020Pounds547557547560Low
6/25/2020Euro490498490499Low
6/24/2020Dollar450460450455Low
6/24/2020Pounds545555545555Low
6/24/2020Euro490495488498Low
6/23/2020Dollar450460445455Low
6/23/2020Pounds545555545555Low
6/23/2020Euro490495490495Low
6/22/2020Dollar450455450455Low
6/22/2020Pounds545555545555Low
6/22/2020Euro488498488498Low
6/19/2020Dollar445455445455Low
6/19/2020Pounds540553540553Low
6/19/2020Euro480490480490Low
6/18/2020Dollar445452445452Low
6/18/2020Pounds537550537550Low
6/18/2020Euro475490475490Low
6/17/2020Dollar445452445452Low
6/17/2020Pounds540553537550Low
6/17/2020Euro475490475490Low
6/16/2020Dollar440450445452Low
6/16/2020Pounds540550540553Low
6/16/2020Euro475485475490Low
6/15/2020Dollar440450440450Low
6/15/2020Pounds540550540550Low
6/15/2020Euro475485475485Low
6/12/2020Dollar440450440450Low
6/12/2020Pounds538550538550Low
6/12/2020Euro470485470485Low
6/11/2020Pounds538550538550Low
6/11/2020Dollar440450440450Low
6/11/2020Euro470485470485Low
6/10/2020Pounds538550540553Low
6/10/2020Dollar440450445452Low
6/10/2020Euro470485475490Low
6/9/2020Pounds538550540550Low
6/9/2020Dollar440450440450Low
6/9/2020Euro470485475485Low
6/8/2020Pounds540550540550Low
6/8/2020Dollar440450440450Low
6/8/2020Euro475485475485Low
6/5/2020Pounds535545535545Low
6/5/2020Dollar440450440450Low
6/5/2020Euro460472460472Low
6/4/2020Pounds530543530543Low
6/4/2020Dollar440447440447Low
6/4/2020Euro460470460470Low
6/3/2020Pounds530540530540Low
6/3/2020Dollar440445440445Low
6/3/2020Euro460470460470Low
6/2/2020Pounds535545535545Low
6/2/2020Dollar440450440450Low
6/2/2020Euro460472460472Low
6/1/2020Pounds530543530543Low
6/1/2020Dollar440447440447Low
6/1/2020Euro460470460470Low
5/29/2020Pounds530540530540Low
5/29/2020Dollar440445440445Low
5/29/2020Euro460470460470Low
5/28/2020Pounds535545535545Low
5/28/2020Dollar440450440450Low
5/28/2020Euro460472460472Low
5/27/2020Pounds530543530543Low
5/27/2020Dollar440447440447Low
5/27/2020Euro460470460470Low
5/26/2020Pounds530540530540Low
5/26/2020Dollar440445440445Low
5/26/2020Euro460470460470Low
5/25/2020Pounds535545535545Low
5/25/2020Dollar440450440450Low
5/25/2020Euro460472460472Low
5/22/2020Pounds530543530543Low
5/22/2020Dollar440447440447Low
5/22/2020Euro460470460470Low
5/21/2020Pounds530545530545Low
5/21/2020Dollar450460450460Low
5/21/2020Euro460470460470Low
5/20/2020Pounds530550530550Low
5/20/2020Dollar445460445460Low
5/20/2020Euro450470450470Low
5/19/2020Pounds528540528540Low
5/19/2020Dollar445460445460Low
5/19/2020Euro450465450465Low
5/18/2020Pounds528540528540Low
5/18/2020Dollar445460445460Low
5/18/2020Euro450465450465Low
5/15/2020Pounds530540525535Low
5/15/2020Dollar435450440455Low
5/15/2020Euro450460450465Low
5/14/2020Pounds530540530540Low
5/14/2020Dollar435450435450Low
5/14/2020Euro450460450460Low
5/13/2020Pounds525535525535Low
5/13/2020Dollar430450430450Low
5/13/2020Euro440455440455Low
5/12/2020Pounds525535525535Low
5/12/2020Dollar435450435450Low
5/12/2020Euro445455445455Low
5/11/2020Pounds510530525535Low
5/11/2020Dollar430445435445Low
5/11/2020Euro440450445455Low
5/8/2020Pounds510530510530Low
5/8/2020Dollar425437430445Low
5/8/2020Euro425440440450Low
5/7/2020Pounds510530510530Low
5/7/2020Dollar425437425437Low
5/7/2020Euro425440425440Low
5/6/2020Pounds510520510520Low
5/6/2020Dollar425437425437Low
5/6/2020Euro430450430450Low
5/5/2020Pounds510525510525Low
5/5/2020Dollar410430420430Low
5/5/2020Euro425435425435Low
5/4/2020Pounds500510510525Low
5/4/2020Dollar435450410430Low
5/4/2020Euro430440425435Low
5/1/2020Pounds500510500510Low
5/1/2020Dollar435450435450Low
5/1/2020Euro430445430445Low
4/30/2020Pounds500510500510Low
4/30/2020Dollar435450435450Low
4/30/2020Euro430445430445Low
4/29/2020Pounds500520500520Low
4/29/2020Dollar440460440460Low
4/29/2020Euro450465450465Low
4/28/2020Pounds495510500520Low
4/28/2020Dollar430450440460Low
4/28/2020Euro435450435450Low
4/27/2020Pounds495510495510Low
4/27/2020Dollar430450430450Low
4/27/2020Euro435450435450Low
4/24/2020Pounds490500490500Low
4/24/2020Dollar428450428450Low
4/24/2020Euro430440430440Low
4/23/2020Pounds490500490500Low
4/23/2020Dollar420430420430Low
4/23/2020Euro425435425435Low
4/22/2020Pounds490500490500Low
4/22/2020Dollar420425420430Low
4/22/2020Euro425435425435Low
4/21/2020Pounds490500490500Low
4/21/2020Dollar420430420430Low
4/21/2020Euro425435425435Low
4/20/2020Pounds490500490500Low
4/20/2020Dollar420430420430Low
4/20/2020Euro425435425435Low
4/17/2020Pounds490500490500Low
4/17/2020Dollar420430420430Low
4/17/2020Euro425435425435Low
4/16/2020Pounds490500490500Low
4/16/2020Dollar420430420430Low
4/16/2020Euro425435425435Low
4/15/2020Pounds490500490500Low
4/15/2020Dollar420430420430Low
4/15/2020Euro425435425435Low
4/14/2020Pounds490500490500Low
4/14/2020Dollar420430420430Low
4/14/2020Euro425435425435Low
4/13/2020Pounds490500490500Low
4/13/2020Dollar420430420430Low
4/13/2020Euro425435425435Low
4/10/2020Pounds490505490505Low
4/10/2020Dollar420430420430Low
4/10/2020Euro425435425435Low
4/9/2020Pounds490505490505Low
4/9/2020Dollar420430420430Low
4/9/2020Euro425435425435Low
4/8/2020Pounds490500490500Low
4/8/2020Dollar420430420430Low
4/8/2020Euro425435425435Low
4/7/2020Pounds490500490500Low
4/7/2020Dollar420430420430Low
4/7/2020Euro425435425435Low
4/6/2020Pounds492497492497Low
4/6/2020Dollar402412402412Low
4/6/2020Euro410415410415Low
4/3/2020Pounds485490492497Low
4/3/2020Dollar400410402412Low
4/3/2020Euro410415410415Low
4/2/2020Pounds485490485490Low
4/2/2020Dollar400410400410Low
4/2/2020Euro410415410415Low
4/1/2020Pounds480485480485Low
4/1/2020Dollar395400395400Low
4/1/2020Euro407412407412Low
3/31/2020Pounds480485480485Low
3/31/2020Dollar395400395400Low
3/31/2020Euro407412407412Low
3/30/2020Pounds480485480485Low
3/30/2020Dollar390395395400Low
3/30/2020Euro407412407412Low
3/27/2020Pounds480485480485Low
3/27/2020Dollar385390390395Low
3/27/2020Euro405410407412Low
3/26/2020Pounds480485480485Low
3/26/2020Dollar385390385390Low
3/26/2020Euro405410405410Low
3/25/2020Pounds475480480485Low
3/25/2020Dollar380385385390Low
3/25/2020Euro400405405410Low
3/24/2020Pounds475480475480Low
3/24/2020Dollar380385380385Low
3/24/2020Euro400405400405Low
3/23/2020Pounds474478474478Low
3/23/2020Dollar380385380385Low
3/23/2020Euro400403400403Low
3/20/2020Pounds475480475480Low
3/20/2020Dollar370375365367Low
3/20/2020Euro395400395400Low
3/19/2020Pounds475480475480Low
3/19/2020Dollar370375370375Low
3/19/2020Euro395400395400Low
3/18/2020Pounds471475471475Low
3/18/2020Dollar370375370375Low
3/18/2020Euro390395390395Low
3/17/2020Pounds470475470475Low
3/17/2020Dollar375380375380Low
3/17/2020Euro400403400403Low
3/16/2020Pounds470475470475Low
3/16/2020Dollar370375370375Low
3/16/2020Euro400403400403Low
3/13/2020Pounds470475470475Low
3/13/2020Dollar372377372377Low
3/13/2020Euro400403400403Low
3/12/2020Pounds475485490495High
3/12/2020Dollar365380375404High
3/12/2020Euro405412410420Low
3/11/2020Pounds470475475485Low
3/11/2020Dollar360366365375Low
3/11/2020Euro387403405412Low
3/10/2020Pounds468472470475Low
3/10/2020Dollar358360360362Low
3/10/2020Euro390398387403Low
3/9/2020Pounds468472468472Low
3/9/2020Dollar358360358360Low
3/9/2020Euro392398392398Low
3/6/2020Pounds468472468472Low
3/6/2020Dollar358360358360Low
3/6/2020Euro390398390398Low
3/5/2020Pounds468472468472Low
3/5/2020Dollar358360358360Low
3/5/2020Euro390397390397Low
3/4/2020Pounds468473468473Low
3/4/2020Dollar358360358360Low
3/4/2020Euro387392387392Low
3/3/2020Pounds468472468472Low
3/3/2020Dollar358360358360Low
3/3/2020Euro387392387392Low
3/2/2020Pounds468472468472Low
3/2/2020Dollar358360358360Low
3/2/2020Euro387392387392Low
2/28/2020Pounds468472468472Low
2/28/2020Dollar358360358360Low
2/28/2020Euro387392387392Low
2/27/2020Pounds467471468472Low
2/27/2020Dollar358360358360Low
2/27/2020Euro386390387392Low
2/26/2020Pounds468472467471Low
2/26/2020Dollar358360358360Low
2/26/2020Euro386390386390Low
2/25/2020Pounds467472468472Low
2/25/2020Dollar358360358360Low
2/25/2020Euro388392386390Low
2/24/2020Pounds467472467472Low
2/24/2020Dollar358360358360Low
2/24/2020Euro388392388393Low
2/21/2020Pounds467473468473Low
2/21/2020Dollar358360358360Low
2/21/2020Euro388392388392Low
2/20/2020Pounds467473467473Low
2/20/2020Dollar358360358360Low
2/20/2020Euro388392388392Low
2/19/2020Pounds467473467473Low
2/19/2020Dollar358360358360Low
2/19/2020Euro390394390394Low
2/18/2020Pounds467473467473Low
2/18/2020Dollar358360358360Low
2/18/2020Euro390394390394Low
2/17/2020Pounds469473467474Low
2/17/2020Dollar358360358360Low
2/17/2020Euro390394390394Low
2/14/2020Pounds469473469473Low
2/14/2020Dollar358360358360Low
2/14/2020Euro390394390394Low
2/13/2020Pounds470475470475Low
2/13/2020Dollar358360358360Low
2/13/2020Euro390396390396Low
2/12/2020Pounds470475470475Low
2/12/2020Dollar358360358360Low
2/12/2020Euro390396390396Low
2/11/2020Pounds470475470475Low
2/11/2020Dollar358360358360Low
2/11/2020Euro390396390396Low
2/10/2020Pounds470475470475Low
2/10/2020Dollar358360358360Low
2/10/2020Euro390396390396Low
2/7/2020Pounds471475471475Low
2/7/2020Dollar358360358360Low
2/7/2020Euro390396392396Low
2/6/2020Pounds473476473476Low
2/6/2020Dollar358360358360Low
2/6/2020Euro392397392397Low
2/5/2020Pounds473476473476Low
2/5/2020Dollar358360358360Low
2/5/2020Euro393397393397Low
2/4/2020Pounds473476473476Low
2/4/2020Dollar358360358360Low
2/4/2020Euro393397393397Low
2/3/2020Pounds473476473476Low
2/3/2020Dollar358360358360Low
2/3/2020Euro393397393397Low
1/31/2020Pounds473476473476Low
1/31/2020Dollar358360358360Low
1/31/2020Euro393397393397Low
1/30/2020Pounds472478472476Low
1/30/2020Dollar358361358360Low
1/30/2020Euro394398394398Low
1/29/2020Pounds472476472476Low
1/29/2020Dollar358360358360Low
1/29/2020Euro394398394398Low
1/28/2020Pounds472476472476Low
1/28/2020Dollar358360358360Low
1/28/2020Euro394398394398Low
1/27/2020Pounds473476473476Low
1/27/2020Dollar358360358360Low
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Cryptocurrency

Ripple reports 1,760% surge in XRP sales in Q2 2020

The platform is an open-source platform that was created to allow quick and cheap transactions.

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Ripple, the leading crypto payment provider and owner of XRP, reported a rise in over-the-counter (OTC) XRP sales, according to its latest earnings result. In specific terms, Ripple sold $32.55 million of its XRP crypto-asset during Q2 2020, marking a 1,760% jump over Q1 2020 poor sales figures.

What is helping XRP sales?

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Digitization of global payments is the new norm in the world of Finance. XRP helps in curbing the additional costs related to sending cash payments and can be used as an alternative to pre-funding.

READ MORE: LINK, most profitable crypto-asset in 6 months, gains 451%

What you should know: Ripple (XRP) plays dual roles as a payment platform and a currency. It is an open-source platform that was created to allow quick and cheap transactions.

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Additional notable integrations from Q2 2020 include

Signum Bank, the first fully regulated crypto bank, added XRP to its highly regulated custody solution and financial platform. Also, Zero Hash integrated XRP to its settlement platform, allowing digital asset businesses to access U.S. markets. Zero Hash is a division of Seed CX, a registered CFTC swap execution facility and holder of a New York Department of Financial Services BitLicense.

READ MORE: Netflix adds 10.1 million paid users in Q2 2020, yet stock plunges more than 9%

Swisscom Blockchain, one of the largest telecommunications providers in Europe, successfully launched XRP on its DAPPI platform, enabling enterprise-grade access to the XRP Ledger for a wide array of use cases.
Mobile payments startup, Uphold, also completed the integration of XRP into its wallet.

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