tZERO, the blockchain technology providing subsidiary of online retailer Overstock.com, has announced the addition of ravencoin (RVN) to the list of cryptoassets supported by its crypto-wallet and trading app.
Investors with devices that use both Apple's IOS and the Android operating systems will be able to trade ravencoin alongside bitcoin and ether, which are already supported by the app, the company said in a press release.
Launched on June 27 this year, the tZERO Crypto App allows investors to trade and hold cryptocurrencies safely on their mobile devices. Ravencoin, meanwhile, is an open-source project to facilitate global instant payments and was named Most Exciting New Coin at this year's ADVFN International Financial Awards.
Saum Noursalehi, chief executive of tZERO, explained why the company had decided to add its support to ravencoin. He said:
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. 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.