Ripple to Invest Up to $50 Million in MoneyGram

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Ripple, a startup behind the XRP cryptocurrency, agreed to invest up to $50 million in MoneyGram in a deal that stands to rank among the first crypto-based company investments in a major U.S. publicly listed firm

Ripple Inc., a startup behind the XRP cryptocurrency, agreed to invest up to $50 million in MoneyGram International Inc. in a deal that stands to rank among the first crypto-based company investments in a major U.S. publicly listed firm.

Ripple agreed to buy $30 million worth of MoneyGram shares and warrants to buy stock at $4.10 a share, nearly triple the Monday closing price of $1.45 a share. The deal includes additional warrants for up to $20 million worth of additional newly issued stock, also at $4.10 a share, over the...

 

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XRP et FaceBook connexion

Great news, hopefully we'll see more exposure to the crypto community in the coming months and years :)

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Lol I bought $500 worth like 2 years ago and forgot about it thanks for the reminder

Great. Now I can wire some bitcoin to my grandma via MoneyGram 😎

Desperate times call for desperate measures.

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Blockchain company Ripple invests in MoneyGram to power cross-border payments, shares explode higherBlockchain company Ripple announced an investment in and partnership with MoneyGram International Inc. Monday afternoon, sending MoneyGram shares soaring...
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