Moneygram International Incorporated (MGI): Ripple Announces Strategic Partnership w...

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Monday, 06/17/2019 7:36:33 PM

Monday, June 17, 2019 7:36:33 PM

Ripple Announces Strategic Partnership with Money Transfer Giant, MoneyGram
June 17, 2019 04:30 PM Eastern
https://www.businesswire.com/news/home/20190617005877/en/

January 11, 2018
...Ripple’s venture with MoneyGram comes several months after the company announced a partnership with American Express (axp, -0.46%). And in November, a prominent tech figure, Michael Arrington, announced the creation of a $100 million hedge fund denominated in XRP.

In recent weeks, Ripple has been the subject of intense scrutiny as XRP soared exponentially to briefly become the world’s second most valuable cryptocurrency after bitcoin. It reached all-time highs of over $3.50 and a market cap of over $120 billion in early January, but has since fallen more than 50%.

...Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid...

http://fortune.com/2018/01/11/ripple-moneygram-xrp-cryptocurrency-bank-transfers/