Tagged: ripple

Digital Asset Firm Zoniqx to Partner with Ripple

Zoniqx (formerly known as Tassets) a provider of digital asset management services, this week announced its partnership with Ripple, an enterprise blockchain and crypto solutions firm. This collaboration harnesses the scalable infrastructure of the XRP Ledger (XRPL) and integrates it with Zoniqx’s Tokenization Platform as a Service (TPaaS) and Tokenization Life… Read More

Kadan Stadelmann of Komodo Comments on Ripple v. SEC Lawsuit

Crowdfund Insider recently caught up with Kadan Stadelmann, a blockchain developer, operations security professional, and Komodo Platform’s CTO. As a side note, Komodo, a blockchain interoperability and atomic swap technology leader, recently rebranded its flagship end-user application from “AtomicDEX” to “Komodo Wallet” and its “AtomicDEX… Read More

Digital Assets: Ripple to Acquire Standard Custody and Trust Company

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that it has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets. The terms of the transaction were not immediately available. This move further underscores Ripple’s commitment “to regulatory… Read More

Crypto Exchange Binance has Reportedly Frozen XRP Tokens Linked to Recent Exploit

Cryptocurrency exchange Binance has reportedly frozen $4.2 million in XRP tokens that are said to be tied or linked to this past week’s $120 million exploit. This, according to an update shared via social media by Binance CEO Richard Teng. Teng noted via X that… Read More

Flowdesk, a Digital Asset Trading Tech Firm that Enables Market Making, Secures $50M via Series B Round

Flowdesk, a full-service digital asset trading technology firm, announces its $50 million Series B, led by Cathay Innovation along with the participation of Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI and Ripple.‍ Guilhem Chaumont, CEO and Co-Founder of Flowdesk, said: “This raise highlights the significance… Read More

Blockchain Firm Ripple to Reportedly Buy Back $285M of its Shares, Valuing the Fintech at $11B+

Ripple is reportedly buying back $285 million of its shares, valuing the Fintech firm at around $11 billion. This, according to sources familiar with the matter and cited by Reuters. Crypto firm Ripple Labs, which is well-known for its XRP token, is preparing to buy… Read More

Fintech Ripple Added to Central Bank of Ireland’s Virtual Asset Service Providers Register

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that the Central Bank of Ireland (CBI) has added its Irish subsidiary Ripple Markets Ireland Limited to its list of registered Virtual Asset Service Providers (VASPs). The decision will support Ripple’s business since, “as a… Read More

Ripple CEO Claims SEC Is Not Focused on Mission of Ensuring Consumer Protection

Ripple CEO Brad Garlinghouse recently shared his views regarding the US Securities and Exchange Commission’s (SEC) approach to regulating crypto and blockchain firms. Garlinghouse reportedly told CNBC during the Fintech firm’s Ripple Swell conference, held in Dubai, that he believes the SEC has actually lost… Read More

Fintech Ripple Streamlines Payments Experience to Enable Enterprise Crypto Adoption

Ripple, the firm enabling enterprise blockchain and crypto solutions, debuted the evolution of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet. Ripple Payments provides the enterprise-grade infrastructure “required for businesses to leverage blockchain easily for faster, cheaper, more efficient cross-border payments without… Read More

CBDCs: Ripple Selected by National Bank of Georgia as Partner for Digital Lari Pilot Project

The partnership will see the National Bank of Georgia and Ripple jointly plan the execution and delivery of the pilot program using the Ripple CBDC Platform. The National Bank of Georgia (NBG) has chosen Ripple, the enterprise blockchain and crypto solutions provider, as the official… Read More

Dubai Approves XRP as Crypto Token Under Virtual Assets Regime

Digital asset XRP has been granted approval by the Dubai Financial Services Authority (DFSA) for utilization within the Dubai International Financial Centre (DIFC), marking a significant endorsement for cryptocurrency usage in financial services in Dubai, according to Ripple. As the first virtual asset sanctioned by… Read More

Fintech Ripple and Uphold to Enhance Crypto Liquidity Infrastructure

Ripple, the firm focused on enterprise blockchain and crypto solutions, has announced a new partnership with Uphold, the global Web3 financial platform. The partnership will see Uphold provide Ripple “with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.” Known for its… Read More

Ripple Issues Statement on SEC’s Decision to Halt Lawsuit Against Chris Larsen and Brad Garlinghouse

It was reported yesterday that the Securities and Exchange Commission (SEC) had dropped its charges against Ripple executives Brad Garlinghouse (CEO) and Chris Larsen (Chairman). Charges remain for Ripple itself. Ripple has posted a release on the legal victory, calling it a “stunning capitulation by… Read More

“Not a settlement. This is a surrender” – SEC Dismisses Charges Agains Chris Larsen, Brad Garlinghouse in Ripple/XRP Case

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

The Securities and Exchange Commission (SEC) has dismissed the charges, with prejudice against Ripple principles Brad Garlinghouse and Chris Larsen. This is according to an X (Tweet) distributed by lawyer James Filan and reposted by Stuart Alderoty, Chief Legal Officer at Ripple. Alderoty stated: “The… Read More

XRP Rising Following the Court Win by Ripple

XRP has caught a small bid following the news that the courts have sided with Ripple regarding the ongoing battle with the Securities and Exchange Commission. US District Judge Analisa Torres has rejected the SEC’s appeal regarding part of the judge’s decision in its lawsuit… Read More

US District Judge Rejects SEC’s Motion to Appeal Part of Court Decision in Lawsuit Against Ripple Regarding Sales of XRP

US District Judge Analisa Torres has rejected the US Securities and Exchange Commission’s (SEC) to appeal part of the judge’s decision in its lawsuit against enterprise blockchain firm Ripple Labs regarding the sales of XRP. Judge Torres determined in July 2023 that a part of… Read More

Fintech Ripple Now Fully Licensed to Offer Digital Payment Token Services in Singapore

Earlier this year, Ripple received in-principle approval of its Major Payments Institution (MPI) license application from the Monetary Authority of Singapore (MAS). Four months on, Ripple is pleased to “announce that its Singapore subsidiary, Ripple Markets APAC Pte Ltd, has secured its full MPI license… Read More

Ripple Co-Founder Chris Larsen Says the UK Will Continue to be a Hub for Financial and Tech Innovation

Enterprise blockchain firm Ripple‘s co-founder Chris Larsen recently commented on how the UK has become a major Fintech hub. The UK is also adopting a progressive approach to regulating crypto-assets, according to Ripple co-founder Chris Larsen (although certain significant challenges still remain). The UK has,… Read More

Enterprise Blockchain Firm Ripple Determined to Battle SEC Lawsuit to the End

US-headquartered crypto firm Ripple recently stated that it intends to keep fighting the current lawsuit with the US Securities and Exchange Commission (SEC). The dustup with the regulator is emblematic of the broader challenges digital asset firms face in the US as the SEC has… Read More

Ripple Announces Purchase of Scott Purcell’s Fortress Trust, a Firm Serving the Crypto Industry

Ripple, creator of XRP, has announced the acquisition of Fortress Trust, a regulated entity that provides custody and other services in regard to digital assets. Terms of the acquisition were not disclosed. Ripple was an investor in Fortress during its seed funding round in 2022…. Read More

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