Brad Garlinghouse expressed: Excited to announce Ripple bought back our Series C (Dec 2019) shares at a $15B valuation.
2022 – “slow down” is not in our vocabulary. Even with 2021’s headwinds, it was our best year on record, and Ripple’s financial position ($1B in the bank) is the strongest we’ve ever been.
RippleNet is much more than cross-border payments – it’s bringing crypto-native services such as liquidity to enterprises. Today, the network has a volume run rate >$10B. Huge props to the team for continuously upping their game & leaning into new capabilities every year.
RippleX – full speed ahead on establishing a multitude of capabilities to the XRP Ledger – NFTs, CBDCs, interoperability bridges, sidechains and so much more – working hand in hand with devs and partners around the world. It’s a multichain world after all.
Community Reaction: IPO incoming.
Fine, I will ask the hard questions. Ripple 1B in the Bank – Best year ever in 2021 -Congrats NOW How much XRP did use per quarter? WHY won’t u maximise ODL Volume between Reg Compliant Countries? Do u even care about XRP PRICE? Ur main Asset XRP is performing TERRIBLY!
Why did Ripple buy back their Series C shares? Are they still looking to do an IPO after the XRP lawsuit?
Can you please settle the case? XRP holders are suffering. You’re going to lose your market advantage if you keep agreeing to delays.
Love the passion and drive, an excellent company with solid fundamentals. I do worry though that sometimes ego can get in the way. Fighting the SEC instead of settling is long winded and hurts your holders. It’s wall street (aka the sec) who won’t go down without a fight.
Never says a word about XRP. They couldn’t care less.
They are banking large whilst XRP holders are still waiting to get to even half the ATH from the last bull run on 2017.
How about shedding some light on the court case? Where do you see it going? How long for? And are you moving out of USA? As an investor of XRP I feel a little in the dark.
Fantastic news. So, the CPY is ready to IPO? Settlement to include IPO approval? Hope so, want to see Ripple and the DLT ledger explode.
Now that’s a great question. The problem is (something that people don’t understand) is that Ripple and XRP are not in any way tied together to Ripples EARNINGS. Just because Ripple does well has no bearing on XRP price.
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