Ripple-backed Omni Rentals is shutting down after failing to earn profit

Reportedly, Omni Rentals will be shutting down its operations before 2019 ends as it failed to secure profit from equipment rental and other storage services. Ripple backed Omni Rentals shutting down: Engineers to be hired by Coinbase Omni Rentals has reportedly told TechCrunch that it will be shutting down operations by the end of this year. The platform will be closed, as well. The company expressed gratitude towards its users and supporters. Omni stated that it was “proud” of what the company had created across the five and a half years of its operations. Regardless, the company is yet to