Ripple Caps Record Year With $200 Million Series C Funding

Ripple Caps Record Year With $200 Million Series C Funding
фото показано с : ripple.com

2019-12-22 14:33

Today, Ripple is thrilled to announce $200 million in Series C funding—an investment that marks a record year for the business and further proves the value of blockchain technology in improving global payments and the broader utility of the digital asset XRP and the XRP Ledger.

The Series C was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. These notable investors not only underscore Ripple’s long-term potential, but as partners, they offer invaluable industry insight and expertise to help Ripple’s business grow on a global scale. 

“We are in a strong financial position to execute against our vision. As others in the blockchain space have slowed their growth or even shut down, we have accelerated our momentum and industry leadership throughout 2019,” said CEO Brad Garlinghouse.

Ripple has seen its strongest year of growth to date in 2019. The company’s global payments network RippleNet grew to more than 300 customers worldwide and included a new strategic partnership with MoneyGram. Today, the network has customers in more than 45 countries and 6 continents, with payout capabilities in over 70 countries. This network momentum drove 10x year-over-year growth in transactions across the network and more banks and payment providers using XRP to source liquidity on demand than ever before. 

In addition, Ripple announced the next chapter for Xpring: the open developer platform for money. This platform offers tools, services and programs that make it easier for developers to send and receive payments in any currency, across any network, using the XRP Ledger and Interledger Protocol (ILP)—removing the pain and friction from integrating money into apps. 

Finally, this investment will expedite the company’s on boarding of new global talent to meet market demands and better serve its growing community of customers and partners.

Ripple’s Series C is just one moment along the company’s journey to change the way the world moves money. Ultimately, this investment supports Ripple’s broader vision for the Internet of Value (IoV) to enable the world to move value like information moves today—a global problem, with far-reaching implications.

The post Ripple Caps Record Year With $200 Million Series C Funding appeared first on Ripple.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 1.4693 (+0.88%)
Объем 24H $10.917b
Изменеия 24h: -5.72 %, 7d: 36.20 %
Cегодня L: $1.4481 - H: $1.5078
Капитализация $83.747b Rank 6
Цена в час новости $ 0.2687 (446.82%)

ripple funding series record xrp year million

Источник: ripple.com

ripple funding → Результатов: 53


Ripple инвестировал в провайдера биткоин-банкоматов Coinme

Базирующийся в США провайдер криптовалютных банкоматов Coinme привлек $1,5 млн. We are thrilled to announce our that @Ripple‘s #Xpring and the newly established #Blockchain Finance Fund have made investments as part of our recently opened A-1 funding round.

2019-9-14 10:20


Dr. Ayo Akinyele’s Bolt Labs Secures $1.5 Million To Work On Lightning Network Payments Privacy

Bolt Labs Raises $1.5 To Improve Lightning Payments With A New Implementation The cryptocurrency startup Bolt was able to raise $1.5 million during a funding round that was led by Dekrypt Capital. According to a recent press release, other firms that invested included ZCash Foundation, Ripple’s Xpring, Lemniscap, Access Ventures, and Branson Bollinger, among others. […]

2019-4-17 21:34


Kava Labs Secures $1.2 Million in New Funding to Develop Interledger Blockchain Solutions

Kava Labs recently announced that they have raised $1. 2 Million in funding led by Lemniscap and Digital Asset Capital Management, along with other investors including Xpring of Ripple, Coil Technologies, 2020 Ventures, Arrington Capital, Hard Yaka, Robot Ventures, UniValues Associates, and a number of private investors.

2019-3-1 19:42


дальше еще 4 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

SOL, XRP lead top altcoins as EOS and MANA soar

The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.

Crypto experts explain why XRP price could surge soon

XRP price has performed well so far this month, with crypto experts predicting that the rally could gain momentum soon. Ripple (XRP) crossed the key resistance level at $1 this week as demand surged, marking a nearly 200% increase from…

XRP достиг $1 раньше Dogecoin и Cardano

XRP ошеломил крипторынок, превысив $1, опередив Cardano (ADA) и Dogecoin (DOGE). До этого скачка криптосообщество было вовлечено в дебаты о том, какие активы среди XRP, ADA и DOGE первыми достигнут отметки $1.