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Chronicles

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Ripple co-founder Chris Larsen reportedly owns 5.19B XRP tokens and a 17% stake in the company, valued at ~$59.9B after 36,000% increase in XRP value

New York Times: TwoBitIdiot : I See You, $XRP.  —  I started blogging about bitcoin back in 2013. San Francisco Chronicle : Nintendo Switch's big sales; pay-what-you-like cafe closes; Ripple riches ValueWalk : XRP Wild Ride: Can Ripple Beat Bitcoin? William Suberg / Cointelegraph.com News : Ripple Success Tips Chairman For World's Richest As Zuckerberg Eyes Crypto Bryan Menegus / Gizmodo : How Rich Are the Founders of Ripple and Ethereum? Aaron Mak / Slate : The Chairman of Ripple is About As Rich (on Paper) As the Founders of Google Greg Synek / TechSpot : Ripple co-founder could fight for position as world's richest individual Michelle Jones / ValueWalk : Ripple Co-Founder Chris Larsen Is NOT The Richest Man In The World Matthew Field / Telegraph : Ripple passes £100 billion to close in on Bitcoin as largest cryptocurrency Tweets: Laura Shin / @laurashin : “XRP is unlike any other crypto token in the market. It's entirely centrally controlled, operating more like an ETF unit than anything else since the issuer has the capacity to release or absorb (pre-mined) tokens in accordance with their valuation agenda” https://ftalphaville.ft.com/ ... Michael Novogratz / @novogratz : total $XRP now worth $380 bn.... makes Ripple labs worth $225bn.. tenth largest company by market cap in the world... makes Chris Larsen worth $55bn tying Mark Zuckerburg as 5th richest man in the world..... Tom Simonite / @tsimonite : The rise of XRP is particularly remarkable given it appears to have been triggered by a deal with Korean and Japanese banks that will pilot a Ripple service, xCurrent, that doesn't make use of XRP. http://www.cnbc.com/... http://ripple.com/... @cnbc : Ripple co-founder is now richer than the Google founders on paper after cryptocurrency's surge http://cnbc.com/...

CNBC Evelyn Cheng

Discussion

  • @novogratz Michael Novogratz on x
    total $XRP now worth $380 bn.... makes Ripple labs worth $225bn.. tenth largest company by market cap in the world... makes Chris Larsen worth $55bn tying Mark Zuckerburg as 5th richest man in the world.....
  • @tsimonite Tom Simonite on x
    The rise of XRP is particularly remarkable given it appears to have been triggered by a deal with Korean and Japanese banks that will pilot a Ripple service, xCurrent, that doesn't make use of XRP. http://www.cnbc.com/... http://ripple.com/...
  • @cnbc @cnbc on x
    Ripple co-founder is now richer than the Google founders on paper after cryptocurrency's surge http://cnbc.com/...