1 billion XRP chips thawed into Ripple's escrow account



[ad_1]

Ripple, a California-based Fintech startup, has released 1 billion XRP coins worth $ 308.89 million in escrow accounts.

Defrosting XRPs will likely be used for several changes to the Ripple ecosystem, as well as for direct sales.

Recall that in early April, Ripple published a financial report on Q1 2019 results, which showed that XRP tokens sales increased 31% over the previous quarter – the company sold tokens for $ 169, 42 million.

In addition, the old deposit account in the first quarter left 3 billion XRP, and the new one received 2.3 billion XRP.

Sign up to receive ForkLog news on the Telegram: ForkLog Live – the entire news feed, ForkLog – the most important news and polls.

Found an error in the text? Select it and press CTRL + ENTER

Subscribe to news Forklog

[ad_2]

Source link