TagChris Larsen

Ripple Co-Founder Donates $25 Million in XRP to California University

Chris Larsen Ripple

Ripple co-founder Chris Larsen announced to attendees at a San Francisco State University celebration on Thursday that the company would donate $25 million in XRP to the university. The University stated the Ripple bequest was the largest cryptocurrency donation ever made to a U.S. university. As CCN reported,  Ripple (XRP) was up almost 13-percent ahead of the open of European markets on Friday...

Ripple Co-Founder Invests in New Cryptocurrency from Digital Currency Pioneer David Chaum

Chris Larsen Ripple

When historians set out to chronicle the development of cryptocurrency, one of the first chapters will profile DigiCash, the early digital currency startup which, decades before Bitcoin, almost fulfilled the dream of giving the internet a native currency. However, that project’s inventor, cryptography pioneer David Chaum, wants his name to appear in the book’s subsequent chapters as well. Chaum...

Ripple Co-Founder Chris Larsen Might Be the 8th Richest Person in the World

Chris Larsen Ripple

The recent ripple price surge has undoubtedly made many investors quite wealthy. On Thursday, the global average ripple price rose to an all-time high of $3.84, meaning that a hypothetical $1,000 investment made on Jan. 1, 2017, would now be worth more than $600,000. No one, however, has benefited more than Ripple co-founder Chris Larsen, who is currently the firm’s executive chairman and...

Rocketing Ripple Puts Founders and CEO Among the World's Richest People

The value of the cryptocurrency ecosystem skyrocketed in 2017, with various cryptocurrencies surpassing 1,000% gains. Ripple’s XRP token, for example, was worth about $0,006 in the beginning of 2017 and is currently trading at $3.76. The 60,000% rise helped Ripple become the second-biggest cryptocurrency by market cap, and is now valued at over $140 billion. Behind the XRP token is San Francisco...

Ripple Market Cap Surpasses $100 Billion as XRP Hedge Fund Goes Live

Ripple xrp

The ripple price rose 15 percent on Wednesday, enabling XRP to become the second cryptocurrency to achieve a $100 billion market cap. Ripple Price Surge Raises XRP Market Cap to $100 Billion The ripple price defied expectations throughout 2017, rising nearly 30,000 percent to post the most significant rally of any top-tier cryptocurrency. Investors appear determined to carry that rally forward...

Ripple CEO Suggests Next U.S. President Appoint a Fintech Advisor

Chris Larsen, chief executive of prominent Fintech startup Ripple has, in the lead-in to the upcoming U.S. presidential elections, called for the next president to appoint a Fintech advisor. The polling stations for the upcoming U.S. elections are now weeks away from opening to appoint the next U.S. president. Until now, there has been little or no talk of Fintech innovation as policy talk and...

Ripple Labs CEO: Partnership With Banking Blockchain Consortium R3 In The Offing

Blockchain R3

The R3CEV banking consortium could be partnering with Ripple Labs, according to a tweet from Ripple Labs CEO Chris Larsen. “The future of fintech is bringing together like-minded companies, like @R3CEV and @Ripple. More details to come soon…,” Larsen tweeted. The future of fintech is bringing together like-minded companies, like @R3CEV and @Ripple. More details to come soon… — Chris Larsen...

Ripple Labs’ Larsen: We’re Partnering With Western Union On Payment Settlements

Ripple Labs Funding

Ripple Labs CEO Chris Larsen sent the digital currency community buzzing this week when he tweeted that Ripple Labs is working with Western Union on real-time payment settlements. Many view such a partnership as a sign of Western Union’s willingness to become more active in the digital currency space. The partnership also signifies a growing recognition of Ripple Labs’ open protocol that lets...

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