Ripple Raises $200M in Series-C Round Led by Tetragon
Blockchain-based payments firm Ripple has raised $200 million in a Series-C funding round with Tetragon, SBI Holdings and Route 66 Ventures all investing.
XRP will have another lackluster year in 2020, Galaxy Digital CEO (and Ripple shareholder) Mike Novogratz told a roomful of financial advisers.
The Ripple CEO said at Davos an initial public offering is seen as the “natural evolution for the company,” perhaps even this year.
Intermex has said it will use use RippleNet for its U.S.-Mexican remittance corridor.
Ripple sold $13 million in XRP last quarter – down 80 percent from its Q3 sales of $66.24 million.
If $XRP is burning a hole in your pocket you can now spend it at retailers served by BitPay (along with $BTC, $BCH or $ETH)