BREAKING NEWS: Ripple (XRP) goes up 40% in price as it secures $55 million support from Google and Big Banks
Ripple has secured funding to release their new payment system Swift. Major banks are behind the funding such as Chartered (London Stock Exchange), Japan's SBI HoldingsAccenture Ventures, Siam Commercial Bank, SCB and Digital Ventures. Other additional investors include units of CME Group and Seagate Technology, Santander Innoventures, and Venture 51.
Since the news came out this afternoon from Australia Ripple's (XRP) price has risen over 40% at the time of writing.
Sources:
[1] http://finance.yahoo.com/m/19c6a4b6-4b46-3784-b0d0-9be2bf846039/undefined
[2] http://www.afr.com/technology/nab-westpac-part-of-ripples-new-global-payments-network-20160915-grgz81
I am a crypto-noob. Does this mean I have to stock on Ripple for the future?
See the markets for yourself:
wwww.poloniex.com
Wow, this is really amazing! Thanks for the information.
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