While many may hate on XRP, the token, Ripple Labs, the company, on the other hand is no double making great strides in advancing ripple protocol as a global payment solution, moving much faster than any other network.
Ripple Labs, founded in 2012, remains a private company but it has completed several rounds of VC funding.
Seed Round1 - Apr 2013
Seed Round2 - May 2013
Seed Round3 - Nov 2013
Series A1 - May 2015
Series A2 - Oct 2015
Series B - Sep 2016
Here are the firms that participated in them, from largest to smallest holders.
IDG Capital Partners Co., Ltd. - Series B, Series A1, Seed Round3, Seed Round2
Venture51 LLC - Series B, Series A1, Seed Round3
AME Cloud Ventures LLC - Series B, Series 1A
CME Ventures LLC - Series B, Series 1A
Seagate Technology Plc - Series B, Series A1
Santander Fintech Ltd. - Series B, Series A2
GV (Google Ventures) Management Co. LLC - Series B, Seed Round2
AH Capital Management LLC - Series B, Seed Round1
Accenture Ventures - Series B
Digital Ventures Co. Ltd - Series B
As the ripple protocol becomes more adopted, the ownership in Ripple Labs becomes more valuable. To me, the most interesting owners are Seagate (NASDAQ: STX) and Google Ventures (NASDAQ: GOOGL). Can you own STX or GOOGL to have indirect exposure to Ripple and the blockchain payment revolution? Arguably so in my opinion.
What do you think?
