Tagged: ripple

Bank of America Is Reportedly Piloting Ripple’s Distributed Ledger Technology

Charlotte, North Carolina-based Bank of America (BoA), the second-largest US bank with over $2.3 trillion in total assets, is reportedly testing out Ripple’s distributed ledger technology (DLT)-based financial products. The bank might be planning to do more with the San Francisco-based Fintech firm’s technology. Ripple’s… Read More

Fintech Ripple’s Xpring Invests $750,000 to Integrated XRP With BRD’s Crypto Wallet

Mobile wallet developer BRD is partnering with Fintech Ripple’s Xpring to promote XRP adoption. The companies revealed on October 11 that Xpring is planning to invest approximately $750,000 into BRD in order to develop the “internet of value.” As part of the strategic partnership, BRD… Read More

Ripple Set to Bring Blockchain Technology to Finastra’s Banking Customers

Ripple, a provider of enterprise blockchain solutions for payments, announced on Wednesday it has teamed up with Finastra to offer its blockchain technology through Finastra’s payment solution to support cross-border payments. It was revealed: “As part of the collaboration, Finastra’s customers will be able to… Read More

US Fintech Ripple Expands Operations into Iceland By Acquiring Crypto Trading Firm Algrim

San Francisco-based Fintech firm Ripple has acquired digital asset trading company Algrim. The acquisition has helped Ripple add six engineers, according to a September 30 blog post published on the company’s official website. The new team of engineers is expected to play a key role… Read More

Ripple Lawyers: Suit Claiming XRP’s a Security Comes Too Late; XRPs are “Currency”

Lawyers for Ripple Labs have asked a judge to dismiss a class-action suit brought against the company in Northern California. The case seeks to establish that Ripple Labs conducted an unlawful sale of securities (XRP tokens) to fund the development of a fast payment network… Read More

Seedrs Holds Inaugural Alumni Awards

Last night, Seedrs, a leading UK based investment crowdfunding platform, held its inaugural alumni awards in recognition of their growing number of successfully crowdfunded companies. Over the years Seedrs has supported more than 590 businesses raise much-needed growth capital. Simultaneously, the very public process has… Read More

Ripple’s Xpring Invests in Leading Bitcoin ATM Company Coinme

Seattle-headquartered Bitcoin kiosks and ATMs provider Coinme raised $1.5 through a Series A-1 financing round, which included contributions from the Blockchain Finance Fund, and San Francisco-based Ripple company’s initiative Xpring, which builds infrastructure for innovative blockchain projects. The funds raised will be directed toward acquiring… Read More

Leading Pakistani Bank Partners Ripple to Launch Digital Payments Solution

One of Pakistan’s largest financial institutions, Faysal Bank Limited (FBL) has launched a digital payments solution through a partnership with US-based  Ripple, a blockchain-based money transfer platform. FBL is one of Pakistan’s largest commercial banks with over 220 branches nationwide and assets totaling $1.5 billion…. Read More

Beaxy Crypto Exchange Halts Trading After Hack Involving Major Sell Off of Ripple (XRP)

A cryptocurrency exchange called Beaxy halted trading across the board  August 12th after a high-volume sell-off of XRPs (Ripple tokens) tanked the tokens’ price on the exchange: The exchange corresponded about the suspension in a blog post, stating: “We recently experienced unusual(ly) high volume activity… Read More

Ripple Announces Expansion of University Blockchain Research Initiative Program to Japan

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday it has expanded its University Blockchain Research Initiative (UBRI) to Japan. According to Ripple, the expansion brings on new partners including Kyoto University and the University of Tokyo. While sharing more details about… Read More

Dear Congress: Blockchain & Digital Currencies Can Engender Greater Financial Inclusion, Sincerely Ripple

Ripple, one of the largest cryptocurrencies/blockchain platforms in the world, is asking Congress to be thoughtful in how they regulate digital assets going forward. In an Open Letter to Congress, Ripple management takes a very different approach in contrast to Facebook’s frontal assault with the… Read More

Ripple Announces New Strategic Partnership & $50 Million Stake With Money Transfer Service MoneyGram

Ripple, a provider of enterprise blockchain solutions for payments, announced it has formed a new strategic partnership with money transfer service, MoneyGram. Ripple has also taken a $50 million stake in MoneyGram in a push to deploy XRP. Ripple reported that through the new collaboration,… Read More

XRP Forensics in Hot Pursuit of Gatehub Hackers, Identifies 12 Possible Perps

Another day, another crypto-hack.  From exploits to exit scams, the song remains the same – it’s just the technology that is different. The bad guys are always looking for new and devious ways to steal money from the unsuspecting. The most recent hack came courtesy… Read More

Ripple Continues South American Expansion By Launching Operations in Brazil

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday it is expanding its South America footprint by opening operations in Brazil. As part of the new location’s launch, Ripple reported it is bringing on Luiz Antonio Sacco as managing director to drive strategy… Read More

Update: Renewable Energy Platform Ripple Secures £750,000 Funding Target on Seedrs

Ripple, a UK-based renewable energy platform, has successfully secured its initial £750,000 funding target on equity crowdfunding platform Seedrs. The funding round was launched last month and has so far attracted more than 880 investors. As previously reported, Ripple was founded in 2017 and its… Read More

Frente Corretora de Câmbio Wants to Become the Transferwise of Brazil by Using Ripple

Frente Corretora de Câmbio, a Brazilian money transfer and remittance platform, wants to become the “Transferwise of Brazi” by leveraging Ripple to provide low-cost transfers. According to a report in Exame, Frente is the 15th largest currency brokerage in the country. Frente wants to be in… Read More

Renewable Energy Platform Ripple Now Seeking £750,000 Through Seedrs Funding Round

Ripple, a UK-based renewable energy platform, is now seeking £750,000 through its equity crowdfunding campaign on Seedrs. Founded in 2017, Ripple reported that its vision is a renewable energy future owned by people, not companies. “People want to reduce their carbon footprint and they want… Read More

Fintech InstaReM Closes on $41 Million Series C

InstaReM, a payments platform operating in over 50 countries, has closed on a USD $ 41 million Series C funding round led by Vertex Growth Fund, their first investment in Southeast Asia. James Lee, MD of Vertex Growth Fund, will be joining the Board of… Read More

Forte Teams Up With Ripple to Create $100 Million Fund for Mainstream Blockchain Games

Forte, a blockchain technology for games developer, has formed a new partnership with Ripple to create a $100 million fund for mainstream blockchain games. According to Venture Beat, this new fund will operate alongside Forte’s platform technologies and include open-source solutions designed with Ripple to… Read More

BitGo Selected By Ripple To Provide Multi-Signature Security, Advanced Treasury Management & Additional Enterprise Functionality For XRP

Blockchain software firm BitGo announced last week it was selected by Ripple to provide multi-signature security, advanced treasury management and additional enterprise functionality for XRP, which is the digital asset native to the Ripple Consensus Ledger (RCL). It was revealed: “Ripple is a perfect partner for BitGo… Read More

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