RIPPLE (XRP) $55 million in Series B financing

in #xrp • 8 years ago

Ripple (XRP) has secured a massive $ 55 million from various investors which include SCB Digital Ventures (the venture arm of Siam Commercial Bank), Standard Chartered, Accenture Ventures and SBI Holdings. The main purpose of this investment is to develop the cross border transactions helping various financial institutions to make transactions as fast as possible.So far ripple has raised more than $93 million in funding.

Among the various investors are Andreessen Horowitz, Jerry Yang’s AME Cloud Ventures, Google Ventures and IDG Capital Partners.

#ripple #bitcoin #crypto #currency
8 years ago in #xrp by
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     8 years ago 

    But no real project in market right now.

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     8 years ago 

    The world of crypto is such we never know what happens and suddenly the coin zooms in at poloniex almost over 2000 BTC has been traded in the last 24 hrs

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