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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 .
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!
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]
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 organization was established ...
Ripple Labs Inc is the developer of XRP. The ruling was made by United States District Court Judge Sarah Netburn, of the Southern District of New York. In the ruling on Friday, Netburn wrote that ...
Brad Garlinghouse, the billionaire CEO at Ripple Labs, the company that oversees the development of XRP, the $18 billion blockchain network, has said for the first time in public that Coinbase ...
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]
(Reuters) -The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, according to a ...