Is Ripple a publicly traded company?

3 answers

• Lucky AkemokheMar 17, 2024 · a year ago
  Yes, Ripple is a publicly traded company. However, it's important to note that Ripple's shares are not available for purchase on the stock market like traditional stocks. Ripple is a digital payment protocol and cryptocurrency, and its native currency is called XRP. XRP can be bought and sold on various cryptocurrency exchanges, but Ripple itself does not have publicly traded shares in the traditional sense.
  411

  206
• PZRoeeNov 09, 2020 · 5 years ago
  No, Ripple is not a publicly traded company in the traditional sense. While Ripple does have its own cryptocurrency called XRP, which can be bought and sold on cryptocurrency exchanges, Ripple itself does not have publicly traded shares on the stock market. Ripple operates as a technology company that provides blockchain-based solutions for cross-border payments and remittances.
  381

  127
• JG PraudMay 25, 2021 · 4 years ago
  Ripple is a digital payment protocol and cryptocurrency, and its native currency XRP is traded on various cryptocurrency exchanges. However, Ripple itself does not have publicly traded shares on the stock market. Instead, Ripple Labs, the company behind Ripple, has raised funds through private investments and partnerships. It's worth noting that Ripple has been involved in several high-profile collaborations with financial institutions, which has contributed to its growth and popularity in the cryptocurrency industry.
  523

  131