Tetragon Sues Ripple to Force Stock Redemption

One of Ripple Labs’ big financial backers is looking to reverse its bet on the XRP issuer. Tetragon Financial Group LTD, the multi-billion asset manager-turned-plaintiff, had led Ripple’s $200 million funding round in December 2019. On Monday night the U.K.-based firm moved to exit its position in a sealed filing in Delaware Chancery Court, according […]

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Ripple Labs Co-Founder Recovers From Coronavirus

With all the media attention on the shortage of hospital beds and medical supplies, it’s not often that you hear an uplifting headline. Well, crypto community, chin up. Ripple Labs Chairman Chris Larsen has made a full recovery from COVID-19. And he’s encouraging others who have to donate their blood. Chris Larsen Makes a ‘Full […]

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What is Ripple? How is XRP Related to Ripple?

Ripple is a financial settlement protocol to facilitate near-instant monetary transfers between two parties.  It is a product of the San-Francisco based fintech company Ripple Labs. Chris Larsen and Stellar founder Jed McCaleb created Ripple to connect banks, payment providers, cryptocurrency exchanges for real-time, cost-effective, global money transfers.  What is XRP [embedded content] The protocol’s […]

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Ripple Extends University Investment Program to Japan

Kyoto University and the University of Tokyo have joined Ripple’s University Blockchain Research Initiative (UBRI) per CoinDesk Japan. The 2018 program now boasts 33 participants including Princeton University, Carnegie Mellon, and the National University of Singapore, among others. Ripple committed $50 million toward the project to develop blockchain, cryptocurrency, and digital network programs. Funds sent […]

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