Gemini, the cryptocurrency exchange co-founded by Tyler Winklevoss, has released algorithmic trading tools designed for XRP and Bitcoin holders.
XRP attorney John Deaton has tested the tools and endorsed their potential to optimize XRP holdings and benefit retail investors.
While some XRP community members welcomed the initiative, others expressed concerns about the tools' reliability and the founders' past skepticism of certain cryptocurrencies.
Ripple's CTO, David Schwartz, advised caution and validation of messages before involvement in the initiative.