Ripple's ongoing saga continues, with an interesting development with XRP in the markets.
) made it abundantly clear this week that it's not letting its feud with the United States Securities and Exchange Commission hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares that it issued to private investors back in December 2019 — even though a court ruling in 2021 said it didn't have to.
This week's Crypto Biz explores Ripple's share repurchase and provides an overview of the biggest funding stories of the week. We also weigh a new exchange-traded fund proposal by Valkyrie that seeks to provide exposure to the Bitcoin mining arena. For a more fulsome discussion of this week's business news, register for the Crypto Biz newsletter below.
It wouldn't be a Crypto Biz recap without documenting yet another major funding announcement from the world of blockchain. Crypto exchange operator FTX US announced this week that it had
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Ripple CTO Names His Preferred Way to Pay on the InternetRipple's David Schwartz reveals which platform he prefers to use when making payments on the Internet
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Brad Garlinghouse Predicts That Ripple Will Go Public.bgarlinghouse says that Ripple will eventually go public
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Ending College Affirmative Action Could Have Ripple Effect for Black, Latino StudentsAs affirmative action programs face their biggest threat in decades, experts say Black and Latino students would experience fewer job and financial opportunities.
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Ripple and Its ODL Exchanges Help Shift 203 Million XRPRipple behemoth and some top digital exchanges, including ODL corridors, wire over 203 million XRP; 100 million coins shifted in a single lump
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Crypto Custody Firm Fireblocks Raises $550M at $8B ValuationThe Series E round was co-led by D1 Capital Partners and Spark Capital, and included Alphabet’s independent growth fund, CapitalG.
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