![]() Over the past 24 hours, the price of XRP went up 5.19% and currently sits at $0.632. Tetragon Financial Group is one of the lead investment firms that have participated in the company’s funding rounds in the past. Likewise, he mentioned that Ripple is nowhere near leaving the crypto industry, and even considers 2022 as their " best year on record." Garlinghouse hinted that the company aims to integrate some next-gen features into the XRP Ledger, including NFTs and central bank digital currencies (CBDCs).Īt the time of writing this article, the XRP coin has seen a slight upsurge after going downhill since October of 2021. Per the report, the money is going to go towards improving Ripple’s blockchain technology, the XRP Ledger. The round was led by some notable investment companies, including Tetragon, Route 66 Ventures, and SBI Holdings. kili arasndaki davaya bakan Delaware’deki bir mahkeme, Tetragon. Tetragon Financial Group Ltd., Ripple ile 2019 ylnda imzalad bir sözleme üstünden irket aleyhinde dava açmt. Moreover, in enhancement to demanding an equity redemption, Tetragon also demanded that Ripple’s assets and liquidity be frozen until the payment is received. With that being said, despite fighting against repurchasing the shares, the company decided to acquire the Series C shares from the three investors.Īccording to a Twitter post made by Ripple Labs CEO Brad Garlinghouse, he confirmed that the company has officially retrieved previously sold shares, putting Ripple at a total value of $15B. According to an official announcement, Ripple has managed to complete a 200 million Series C funding investment. Ripple, kendisine ABD Menkul Kymet ve Borsa Komisyonunun (SEC) karar sonras dava açan Tetragon karsnda yasal bir zafer elde etti. Tetragon demanded reimbursement from Ripple for the 200M Series C investment round it led for the blockchain startup, via which it funded 175 million in the blockchain startup. However, the issue was resolved in court, with the advantage going towards Ripple. Both the current CEO Brad Garlinghouse and co-founder Chris Larsen of Ripple were included in the lawsuit. But even before the pandemic caused plans and negative ripple effects throughout the At the same time. The blockchain-based payments firm behind XRP, Ripple, has completed a 200 million Series C funding round led by closed-ended investment company Tetragon, Ripple announced on 20 December. The blockchain tech company was sued for not following its rightful obligations and refusing to buy back shares.
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