Search results
Results from the WOW.Com Content Network
Ripple Labs, Inc. is an American technology company which offers enterprise blockchain products on the XRP Ledger and other networks. Originally named Opencoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco , California .
On September 26, 2013, OpenCoin officially changed its name to Ripple Labs, Inc and was at the time headed by Chris Larsen. Unlike many cryptocurrencies, XRP was pre-mined, with 100 billion tokens created at inception. [8] [14] The XRPL founders gifted 80 billion XRP, the platform's native currency, to Ripple Labs. [4]
A brief history of XRP. ... In 2013, OpenCoin was renamed Ripple Labs. Another major milestone for XRP came in September 2020 with the formation of the XRPL Foundation. This independent nonprofit ...
Bradley Kent Garlinghouse (born February 6, 1971) is an American business executive and the CEO of Ripple Labs, a financial technology company specializing in blockchain and cryptocurrency solutions. Previously, he served as CEO and chairman of Hightail (formerly YouSendIt ) and earlier in his career, he held executive roles at AOL and Yahoo!
Ripple (XRP) is a real-time gross settlement (RTGS) system, which is a specialist money transfer network, currency exchange and remittance network. It was created by Ripple Labs Inc., which is a U ...
History of Ripple XRP. The Ripple Payment Network launched in 2004, with founder Ryan Fugger at the helm. In 2012, Jed McCaleb and Chris Larsen took over and created the XRP Ledger.
In 2014 Ripple was the second-largest cryptocurrency by market capitalization, after Bitcoin. [28] Also that month, Ripple Labs was named one of the 50 Smartest Companies by MIT Technology Review. [29] Ripple Labs was then ranked No. 4 on a list by Fast Company of the World's Top 10 Most Innovative Companies Of 2015 In Money. [30]
The bad news is that XRP's developer, Ripple Labs, faces long-running litigation with the SEC over whether its past token sales represented unlicensed securities offerings.