In an interview with Fortune, Brad Garlinghouse revealed that the Ripple has over 300 customers across the globe, and he expects the company to grow massively in the coming year.
The net worth of Ripple reaches $10 billion.
In a Series C funding, Ripple raised $200 million. The Series C investment was led by Tetragon, SBI Holdings, and Route 66 Ventures. With this funding, the net worth of the company has reached $19 billion. Ripple also partnered with Bitpay and Coinme recently. Brad Garlinghouse said that Ripple’s transactions will grow 600% in the next year.
MoneyGram to use XRP in more corridors.
Brad Garlinghouse also talked about their partnership with MoneyGram that has been quite fruitful. Earlier, the CEO of MoneyGram mentioned that they are hoping to expand the use of XRP to many more corridors in the coming years. When asked about the current lawsuit against Ripple, Brad said that they don’t believe XRP is security as it would continue to trade even if Ripple is shut down. According to the analyst on Tradingview, XRP might continue to slump down in the near future.
