Ripple And German Investment Firm Join Forces To Boost XRP Ledger
In an effort to advance the growth and adoption of the XRP Ledger (XRPL), Ripple Labs Inc. has partnered with Frankfurt-based Tokentus Investment AG, an investment company specializing in the blockchain sector. As part of Ripple’s XRPL Accelerator Program, the German investment firm will support emerging start-ups by offering mentorship and guidance. The XRPL Accelerator […]
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Ripple has secured $55 million in Series B financing from new investors that include SCB Digital Ventures (the venture arm of Siam Commercial Bank), Standard Chartered, Accenture Ventures and SBI Holdings. The company will use the funds to support growth and pursue strategic partnerships. Other investors include Santander Innoventures, the venture arms of Seagate Technology and CME Group, and Venture 51. The investment demonstrates new expertise from companies with hands-on experience with Ripple. A Boost To Cross Border Payment. Chris Larsen, Ripple CEO, said the investment will support....
Who’s Chris Larsen trying to fool? Even though the Chairman of Ripple claims that “the company is not involved in this campaign,” their latest PR stunt is as obvious as it gets. Another multimillion-dollar attack on bitcoin, once again using the ESG angle and a set of debunked numbers. The new thing is, Larsen spent […]
The long-standing legal battle between Ripple and the SEC in the US has not stopped the firm from advancing into other markets. For example, ripple announced its first On-Demand Liquidity partners (ODL) in France and Sweden via press release. Ripple continues its expansion into the European markets to provide online payment services leveraging its XRP token. In the press release, Ripple announced that it would join forces with Lemonway, an online marketplace payment provider based in Paris. Related Reading: Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans....
The firm emphasized that its rather large XRP ownership is decreasing and that it only “operates 4 out of 130+ validator nodes on the XRPL.” Ripple Lab’s XRP token holdings have dropped below 50% of the total circulating supply for the first time in the company’s history. Ripple has faced criticism in the past by some that have raised questions over the firm’s significantly large ownership of XRP tokens, arguing that it gives the company centralized control over its XRP Ledger (XRPL). In a Q3 report published on Oct. 27, Ripple once again refuted that criticism, while also pointing out....
The next round of the Boost VC accelerator program keeps getting more rewarding for Bitcoin entrepreneurs as the June 1 deadline to apply steadily approaches. Today, Boost is very excited to announce a deal that is bringing an additional $50,000 to each Bitcoin company that completes the next accelerator session which starts on June 24. At the beginning of March, promptly following the end of the first Boost session, Adam Draper, CEO, announced on his blog that he and co-founder Brayton Williams were becoming increasingly obsessed with Bitcoin and decided to make five to seven slots of the....