Ripple (XRPUSD)

[laraz5]

According to data presented by the Ripple company, the revenue collected from the sales of XRP token in the last four months almost two times exceeds the amount Ripple has gained for the previous quarter.

The company reveals that it sold $163.33 million worth of XRP in the Q3, which is more than double the $73.53 million it sold in the previous quarter. The sales were distributed between Ripple and its subsidiary XRP II, LLC, which saw $65.27 million and $98.06 million sales revenues respectively.

These two Ripple offsprings are catering for institutional investors only, making the scope of revenue very interesting in a part of institutional sales. The report unveils that the largest part of an overall sales upsurge accounts for the institutional direct sales that bounced up to $98.06 million, in comparison to Q2’s $16.87 million.

The remainder of $65.27 million goes to a much smaller increase in programmatic sales that accelerates from a $56.66 million benchmark. Notably that all of this was achieved by the company regardless of the high volatility the market exhibited in Q3.

https://www.coinspeaker.com/ripple-q3-report-more-than-160-million-in-xrp-moved-maltese-exchanges-lead-the-way/

Your turn show us where to find financials showing us where Ripple has generated income outside XRP sales?

IMO