Overview
Ripple is a San Francisco-based company that builds payment and custody products around the XRP Ledger and the XRP digital asset, and issues a US-dollar stablecoin. CB Insights values it at US$40bn and records its entry to the unicorn list in December 2019, naming IDG Capital, Venture51 and Lightspeed Venture Partners among its investors.[1] Ripple is one of four financial-services companies in the top 25, along with Stripe, Revolut and OKX, and one of two whose business is built mainly on crypto assets.[1] Its valuation equals about 0.5% of the roughly US$7.4 trillion combined value that CB Insights records for all unicorns.[1]
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