Trading
Ripple
Enabling the world to move value the way information moves today
INDUSTRY
Financial
STATUS
Trading
OPEN TO
Public
Investment Highlights
Transformative Global Payments
Cryto solutions for businesses
Ability to settle transaction & payments instantly
Company Overview
Unlocking the Power of Blockchain
Improve the speed, cost & reliability of global transaction
Creating an Inclusive Financial System
Unifying the infrastructure underlying global payments
Ripple offers a global real-time payment system that enables banks and financial institutions around the world to directly transact with each other without the need for a central correspondent.
Ripple confident of winning SEC case
In December 2020, the SEC sued Ripple and two of its top executives for seven years of distributions of the cryptocurrency XRP, which the agency labeled as illegal unregistered securities trades – Ripple is disputing all allegations by claiming XRP is a commodity and therefore outside the SEC’s reach.
Comments from the judge during an appeal hearing confirmed that the decision will not include Secondary sales of Ripple shares, a promising indication for Ripple as the case moves forward.
Accelerating the Internet of Value
This new era in global finance takes shape in the Internet of Value (IoV) — a world where money moves like information does today.
Like the internet’s impact on information sharing and communication, the IoV will serve as an explosive catalyst for value exchange: spawning a new chapter in globalization, redefining entire industries and giving rise to new ones.
Unique Technology
Ripple is the only enterprise blockchain company today with products in commercial use by hundreds of customers across 55+ countries.
These businesses have access to alternative liquidity solutions through Ripple’s global network, which uniquely uses the XRP Ledger and its native digital asset XRP to help improve payments services worldwide.
Ripple changes how businesses move money
Using RippleNet, banks are able to save 60% of the total cost per payment as SWIFT fees are eliminated
RippleNet allows banks to reduce their international payment infrastructure costs by 42%
Products & Services
RippleNet
Ripple’s XRP Ledger blockchain is used to settle cross-border payments on Ripple’s RippleNet in a fraction of the time, and at a fraction of the cost, that legacy systems using XRP cryptocurrency as a value transfer medium for near-instantaneous conversion of foreign currency.
Ripple’s RippleNet offers three different solutions for banks, payment providers, and corporates: (1) Process cross-border payments in fiat currency; (2) On-demand liquidity using XRP; and (3) Standard interface for corporates to pay employees.
Ripple Liquidity Hub
Liquidity Hub is a turn-key liquidity and global payout platform, built specifically for financial institutions and businesses to easily and efficiently source digital assets from global crypto.
It supports a variety of digital assets and connects organizations to a rich set of liquidity venues to unlock new revenue streams by offering end customers the ability to buy, sell, and hold digital assets.
Valuation & Fundraising
Round: January 2022, Series C Buyback
Amount Raised: US$200M
Total Funds Raised: US$318.5M
Valuation Post-Money: US$15B
Round: October 2020, Series C
Amount Raised: US$200M
Valuation Post-Money: US$10B
Round: September 2016, Series B
Amount Raised: US$55M
Valuation Post-Money: US$410M
Additional Information
Other Documents
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