Ripple IPO Goes To Harvard: Business School Study Dives Into Valuation

Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had the best year on record. Ripple’s $15 Billion Valuation and ‘Best Year on Record’ Ripple CEO Brad Garlinghouse announced via Twitter Wednesday that Ripple has bought back its Series C shares at a $15 billion valuation. The CEO described that....

A student at Harvard was caught using the University's massive computing power to mine Dogecoin. Supercomputers are pretty amazing. They're mostly used for research since they specialise in processing, analysing, and doing computations on ridiculous amounts of data at high speeds. Supercomputer simulations have been used to understand earthquakes, model pandemics, predict the weather, and more. Harvard University has its own supercomputing cluster called Odyssey, which boasts a 14,000 core Intel Xeon architecture with over 10 TB of RAM. But unlike most researchers, one student at Harvard....

Imperial College Business School in London has teamed with Citigroup Inc. to explore digital currencies, following similar partnerships between other schools and MasterCard and Santander, according to BusinessBecause, a news site for business schools. Imperial College is among those teaching MBAs about cryptocurrency and has also announced the opening of a center for global finance and technology. Interest is running high among MBA students at many schools. Harvard, Stanford and MIT Sloan have seen bitcoin MBA clubs emerge. New York University’s Stern School and Duke University’s Fuqua....

One thing that has emerged that could influence the XRP price has been the possibility of Ripple carrying out an Initial Public Offering (IPO). This would mean that shares of the crypto firm would become publicly tradable like that of Coinbase’s COIN stock. However, even more prominent among investors is the possibility of how high the price of the shares could trade. Financial Expert’s Ripple Video Resurfaces The rumors had first begun with some members of the XRP community talking about a possible IPO. Like rumors are wont to do, it quickly took on a life of its own and grew from there.....

Ripple Labs, the company behind the Ripple protocol and the Codius smart contract platform, is close to finalizing the deal on a new $30 Million USD funding round. Wall Street Journal's Venture Capital blog reports that it has received confirmation from Ripple labs that it is working on closing the deal for its Series B funding round. According to their analysis, the deal would give Ripple Labs (RL) a post-money valuation of $100 million. This valuation stands in contrast to the apparent market valuation of XRP, the token which fuels the Ripple protocol. The company's primary value comes....