Ripple is Now More Valuable Than WeWork: the XRP Effect 14
Yesterday, top finance news outlet Fortune reported that Ripple Labs — an American fintech company — has just completed a massive funding round, a Series C. The investment, $200 million — sourced from global investment firm Tetragon, Japanese finance-centric conglomerate SBI, and Route 66 Ventures. This funding round, one of the...
Company Likely to Compete With Ripple & XRP Bags $31 Million 16
Last week, Lightnet, a financial technology startup dabbling in blockchain technology (just like Ripple) that is based in Thailand, revealed that it had raised $31.2 million in a Series A round. Per an announcement from the company shared on Yahoo Finance, the Bangkok-headquartered firm received funding from UOB Venture Management,...
bitcoin
For the longest time, the crypto market has existed independent of traditional financial structures. Indeed, banks have shunned users of Bitcoin, citing the potential illegality of transactions using BTC, and some of the world’s most powerful individuals have shunned digital assets as a whole. But, one leading industry executive believes...
Crypto Community Reacts to Ripple CEO's Hint at Company IPO 20
Yesterday, it was revealed that the chief executive of Ripple Labs, Brad Garlinghouse, made a massive announcement during an event surrounding the World Economic Forum of 2020 in Davos, Switzerland. At the Wall Street Journal event, Garlinghouse said that he believes in the next 12 months, “you’ll see initial public offerings...
Ripple's IPO Could Send XRP's Price Higher: Top Analyst 21
At a Wall Street Journal event in Davos, Switzerland at the World Economic Forum, Ripple Labs chief executive Brad Garlinghouse made a surprising announcement: after saying that he expects for there to be a number of crypto- and blockchain-related IPOs in the coming 12 months, he said that he wants...
This Japanese Finance Giant is Doling Out Free XRP, Kinda 24
A massive Japanese finance-centric company is doling out XRP, the third-largest cryptocurrency, to some of its shareholders, for free — if free does not equal holding shares of a company, anyway. Want to know more? Well, read on. Want Free XRP? SBI Shareholders Can Participate SBI Holdings — a large...
XRP Bull Case Grows as Ripple Bags Key Partnership With Egyptian Bank 26
Over the past few days, XRP has been exploding higher, with its price recently surmounting $0.31 for the first time in months. While this move has not yet been sustained, analysts say that this uptrend is a precursor to a greater bull market for the third-largest cryptocurrency by market capitalization,...