Polygon enters a new partnership, XRP criticizes SEC, Borroe.Finance takes spotlight

Polygon enters a new partnership, XRP criticizes SEC, Borroe.Finance takes spotlight

Polygon ($MATIC) just entered a partnership to expand its services in Asia, leaving many token holders excited. Likewise, XRP has slammed the SEC over the duo’s recent legal tussle. Investors now seem interested in Borroe.Finance is one of the standout projects among the new ICOs 2023. These analysts have high expectations for Borroe.Finance ($ROE). Will they be disappointed? 

Polygon ($MATIC) partners with a South Korean firm to create tokenized networks

On September 7, Mirae Asset Securities partnered with Polygon Labs to create a tokenized securities network. Mirae Asset Securities is the largest investment banking and stock brokerage company in South Korea. The partnership was widely celebrated within Polygon’s ($MATIC) community because it signified its growing global influence. 

Some Polygon ($MATIC) holders hailed the move for coming when the market is facing a downturn. $MATIC was trading at $0.593 on August 29. It fell by 9.9% to $0.534 on September 1 following the market correction.

Analysts say Polygon’s partnership will improve market performance in the next few months. Some even believe that current excitement around the partnership can boost Polygon’s ongoing recovery. 

$MATIC could rise by 13.3% to $0.613 due to excitement around its latest partnership.

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Ripple co-founder slams SEC boss for being “Lost on All that is Important”

On September 6, 2023, Ripple’s CEO, Chris Larsen, slammed the SEC for the ongoing litigation against his company. The $XRP token has been the subject of controversy in the past few weeks due to ongoing court cases. On July 13, a judge ruled in Ripple’s favor, saying $XRP wasn’t a security unless sold to institutional investors.

$XRP rallied sharply after the judgment. It was trading at $0.47 on July 11. $XRP then jumped by 72.8% to $0.81 on July 13 following the judgment. It maintained that momentum, reaching $0.82 on July 19. At this time, $XRP was considered one of the top crypto coins on the market.

Still, $XRP has lost more than 40% since its July 13 rally. Subsequent pressures from a bear market have contributed to this fall. $XRP is expected to rise by 14.2% to $0.56 when the market recovers from its bearishness.

Borroe.Finance ($ROE) dominates headlines with a 300% increase

Borroe.Finance ($ROE) is a loan-taking platform that caters specifically to the short-term capital needs of most businesses. It facilitates an invoice financing marketplace for easy buying and selling of future invoices. 

Examples of invoices that can be used as collateral on Borroe.Finance’s marketplace includes management fees, subscriptions, and royalties.

The trading of future invoices is simplified by using fractionalized NFTs. Borroe.Finance encourages users to add discounts to the loan agreements with their fractionalized NFTs. Users are encouraged to add discounts and other programs like the social media Share2Earn program.

Users also enjoy discounts on marketplace fees and transaction costs. The platform also gives out special notifications on fundraising requests—likewise, Borroe.Finance’s ($ROE) users get priority customer care. Borroe.Finance’s security can be verified by checking its public security audit certificate.

Borroe.Finance’s community acceptance grows as its public presale progresses. It’s currently in Stage 1 of its presale, trading at $0.0125. When Borroe.Finance’s blockchain ICO reaches the end of its presale; its price will rise to $0.040. Such growth will represent a 300% boost from its starting price.

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Mark Peterson: Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.