Ripple Reports Revenue Doubled From XRP Token Sales in Q3 2018

in #cryptocurrency • 6 years ago

Tech company Ripple released their quarterly markets report on October 25th, noting that sales of their XRP token doubled between Q2 and Q3 of 2018.

Ripple reported sales of $163 million in XRP in Q3 along with increased volume as well as volatility. Sales came from Ripple as well as their subsidiary XRP II, LLC, a registered and licensed money service business. XRP II, LLC made 60% of Q3's sales to institutions.

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At the time of this writing, XRP is up 0.79% on the day.




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#news #crypto #busy #ripple
6 years ago in #cryptocurrency by
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     6 years ago 

    Interesting. Are the coins sold coming from circulating supply or increasing it?

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