Ripple Labs, known more commonly as Ripple, is a currency exchange, gross settlement, and remittance network that operates in real-time.
Ripple relies on a common shared ledger, which is a distributed database storing information about all Ripple accounts.
For its creation and development of the Ripple protocol (RTXP) and the Ripple payment/exchange network Ripple Labs was named as one of 2014’s 50 Smartest Companies in the February 2014 edition of MIT Technology Review.
In December 2020, the company and top executives were accused by the U.S. Securities and Exchange Commission of misleading investors in XRP, the world’s third-largest cryptocurrency. The company is accused of selling more than $1 billion of the virtual tokens without registering with the agency.
Also in December 2020, the company has sold 33% of its shares in Moneygram. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019.
In a survey completed in March 2023, 97 percent of payment firms believe in the power of crypto currency.
The company maintains a corporate office in San Francisco, California.
Ripple Labs, known more commonly as Ripple, is a currency exchange, gross settlement, and remittance network that operates in real-time.
Ripple relies on a common shared ledger, which is a distributed database storing information about all Ripple accounts.
For its creation and development of the Ripple protocol (RTXP) and the Ripple payment/exchange network Ripple Labs was named as one of 2014’s 50 Smartest Companies in the February 2014 edition of MIT Technology Review.
History
In December 2020, the company and top executives were accused by the U.S. Securities and Exchange Commission of misleading investors in XRP, the world’s third-largest cryptocurrency. The company is accused of selling more than $1 billion of the virtual tokens without registering with the agency.
Also in December 2020, the company has sold 33% of its shares in Moneygram. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019.
In a survey completed in March 2023, 97 percent of payment firms believe in the power of crypto currency.
The company maintains a corporate office in San Francisco, California.
Hi,
As an investor in your company,I would like to promote you in the UK and was wondering if it was possible to obtain some merchandise to do so. Thanks for your time.
Regards Matt.
Not sure if this is whom to ask, but it’s the only contact point I can find.
This may seem trivial, but I invest in XRP and want one of the actual coins to carry with me. Do you know where I can acquire one?
Hello Sir .. Madam
I would like to invest $ 100,000 or more in your company Ripple XRP directly if possible because lot of exchanges are imploding
and are not safe , i never invested in crypto so i hope you will give me good advise thank you.
Sincerely
Milan Sliz 858 452 XXXX cell San Diego