The Tencent denied investment Ripple

On the morning of 16, there was a rumor that the Tencent was preparing to invest in the block - chain trading platform Ripple.

Multiple sources show that the Tencent's senior management and board of directors approved the investment Ripple. According to Ripple CEO, several transactions are now being reached with the bank.

It is said that the Tencent will provide $2 billion, and converted to XRP reboxetine currency in the next year, in early July, plans to invest $1 billion. The Tencent's plan is to integrate Ripple technology into WeChat and launch a technology war against Alibaba and Amazon on mobile payments.

Statistics show that Rui Bo (Ripple) claimed to be the world's first open the payment network, the network can transfer through the payment of any one currency, including the US dollar, euro, yen, RMB or bitcoin, the transaction can be completed in a few seconds, the cost is almost zero, there is no cross and pay the cost of so-called transnational places.

In this regard, the Tencent said: "the news is not true, as of now, the Tencent does not have a related investment plan for Ripple." Zhang Jun, the director of public relations, has also released a circle of friends. "It's so imaginative, who is deciding to invest in the Tencent." "Do not come from YY, absolutely false news, we are not interested."