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What is the latest news about Ripple Series C funding in the cryptocurrency industry?

avatarHarish RaviDec 26, 2021 · 3 years ago3 answers

Can you provide an update on the latest developments regarding Ripple's Series C funding in the cryptocurrency industry? I'm particularly interested in knowing the amount raised, the investors involved, and any potential impact on Ripple's future plans.

What is the latest news about Ripple Series C funding in the cryptocurrency industry?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Ripple recently announced that they have successfully raised $200 million in their Series C funding round. This funding was led by Tetragon, with participation from SBI Holdings and Route 66 Ventures. The funds will be used to support Ripple's global expansion plans and further develop their blockchain-based payment solutions. This significant investment demonstrates the confidence investors have in Ripple's technology and its potential to revolutionize the cross-border payments industry.
  • avatarDec 26, 2021 · 3 years ago
    Great news for Ripple! They have just closed their Series C funding round, raising an impressive $200 million. The funding round was led by Tetragon, a leading investment firm, and included participation from SBI Holdings and Route 66 Ventures. This substantial investment will undoubtedly fuel Ripple's growth and help them solidify their position as a key player in the cryptocurrency industry. With this funding, Ripple will be able to accelerate the adoption of their blockchain-based solutions and continue to innovate in the cross-border payments space.
  • avatarDec 26, 2021 · 3 years ago
    Ripple has recently announced the successful completion of their Series C funding round, raising a whopping $200 million. The funding round was led by Tetragon, a renowned investment firm, and saw participation from SBI Holdings and Route 66 Ventures. This substantial investment will enable Ripple to further expand its global presence and continue to enhance its blockchain-powered payment solutions. With this funding, Ripple is well-positioned to disrupt the traditional financial system and drive the mass adoption of cryptocurrencies.