• Latest
Brad Garlinghouse – Ripple has over $305M in Bank, No need to raise capital

Brad Garlinghouse – Ripple has over $305M in Bank, No need to raise capital

October 18, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

Brad Garlinghouse – Ripple has over $305M in Bank, No need to raise capital

coinnewsdaily by coinnewsdaily
October 18, 2019
in Ripple
0
Brad Garlinghouse – Ripple has over $305M in Bank, No need to raise capital
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

Speaking at The Information’s annual subscriber summit, held in Menlo Park, Calif., on Thursday, Brad Garlinghouse, a Silicon Valley veteran talked about his company, XRP and also Facebook-led Libra.

As per “The Information” which reported Garlinghouse’s statement, Ripple owns over $15 billion XRP, the third-largest cryptocurrency by market capitalization. At the moment, the token is valued at $0.29 against USD, plummeting by 1.52 percent over the past 24 Hrs. As mentioned in the article, Garlinghouse also claimed that the firm is “striking 30 plus deals a week with the financial entities” – however, how far this report is true remained unclear as 30 plus deals/week seems quite vague – given the fact that Ripple officials previously stated 220-250 when asked about Ripple’s existing customers.

Moreover, Garlinghouse asserts that the company doesn’t need to raise capital – according to him; it already has “over $305 million in cash in the bank”. He said; “We don’t need to raise capital,” and $305 million cash in the bank is equivalent to the company’s most recent valuation”

Notably, the company’s co-founder, Chris Larsen remained in “The Forbes 400″ list of wealthiest Americans with over $billion net worth since last year.

Moreover, Brad Garlinghouse also shed light on Facebook’s Libra and bashed at Facebook’s attempt of entering into financial landscape, saying;

“I think that the way they approached it demonstrated, frankly, [from] my point of view, arrogance in how they rolled it out. I think Facebook did not appreciate the trust deficit they had.”

Credit: Source link

Share76Tweet48
Previous Post

Fake Tor Browser Has Been Spying, Stealing Bitcoin ‘For Years’

Next Post

Digital Securities Exchange Taps R3’s Blockchain for Post-Trade Activities

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
Swiss Stock Exchange SIX Will Tokenize Equity on R3’s Corda Blockchain

Digital Securities Exchange Taps R3's Blockchain for Post-Trade Activities

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$21,444.000.36%
  • ethereumEthereum(ETH)$1,244.480.68%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$239.21-0.95%
  • rippleXRP(XRP)$0.366958-0.34%
  • cardanoCardano(ADA)$0.499202-1.47%
  • SolanaSolana(SOL)$42.23-0.42%
  • polkadotPolkadot(DOT)$8.11-2.06%
  • dogecoinDogecoin(DOGE)$0.0684721.36%
  • Shiba InuShiba Inu(SHIB)$0.0000125.93%
  • daiDai(DAI)$1.00-0.02%
  • tronTRON(TRX)$0.064747-2.49%
  • leo-tokenLEO Token(LEO)$5.890.73%
  • matic-networkPolygon(MATIC)$0.60-1.62%
  • litecoinLitecoin(LTC)$58.744.19%
  • FTXFTX(FTT)$27.843.45%
  • OKBOKB(OKB)$13.355.44%
  • chainlinkChainlink(LINK)$7.23-2.01%
  • CronosCronos(CRO)$0.1287180.44%
  • stellarStellar(XLM)$0.126808-1.01%
  • cosmosCosmos Hub(ATOM)$8.643.69%
  • algorandAlgorand(ALGO)$0.349681-0.48%
  • moneroMonero(XMR)$127.38-0.08%
  • ethereum-classicEthereum Classic(ETC)$16.53-0.46%
  • bitcoin-cashBitcoin Cash(BCH)$114.13-1.34%
  • vechainVeChain(VET)$0.0261431.30%
  • Internet ComputerInternet Computer(ICP)$6.230.65%
  • theta-tokenTheta Network(THETA)$1.462.86%
  • ElrondElrond(EGLD)$61.92-2.53%
  • tezosTezos(XTZ)$1.53-2.23%
  • filecoinFilecoin(FIL)$6.10-1.46%
  • bitcoin-cash-svBitcoin SV(BSV)$64.00-0.69%
  • eosEOS(EOS)$1.01-0.43%
  • AaveAave(AAVE)$70.75-1.38%
  • makerMaker(MKR)$1,044.21-1.64%
  • paxos-standardPax Dollar(USDP)$1.00-0.09%
  • zcashZcash(ZEC)$67.71-3.06%
  • huobi-tokenHuobi(HT)$5.51-1.12%
  • iotaIOTA(MIOTA)$0.303154-2.43%
  • zilliqaZilliqa(ZIL)$0.0488505.42%
  • neoNEO(NEO)$9.67-0.78%
  • havvenSynthetix Network(SNX)$2.89-6.09%
  • wavesWaves(WAVES)$6.46-1.12%
  • basic-attention-tokenBasic Attention(BAT)$0.427782-3.02%
  • dashDash(DASH)$52.23-0.19%
  • KusamaKusama(KSM)$56.95-1.45%
  • PancakeSwapPancakeSwap(CAKE)$3.35-1.07%
  • nemNEM(XEM)$0.042859-1.29%
  • CompoundCompound(COMP)$52.1911.20%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • qtumQtum(QTUM)$3.150.41%
  • ethlendAave [OLD](LEND)$4.103.48%
  • bitcoin-goldBitcoin Gold(BTG)$17.67-0.25%
  • omisegoOMG Network(OMG)$2.03-0.01%
  • golemGolem(GLM)$0.251533-1.47%
  • SushiSushi(SUSHI)$1.25-3.37%
  • yearn-financeyearn.finance(YFI)$7,030.64-6.14%
  • ontologyOntology(ONT)$0.245787-2.05%
  • umaUMA(UMA)$2.80-3.51%
  • digibyteDigiByte(DGB)$0.011207-0.85%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....