Ripple shares are trading on private markets like Forge, while VivoPower seeks to augment its XRP-buying strategy through equity.
2 reports, 2 independent
Updated Aug 22
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Ripple shares are trading on private markets like Forge, while VivoPower seeks to augment its XRP-buying strategy through equity.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- SBI Holdings holds approximately 9% of Ripple Labs, with CEO Yoshitaka Kitao participating in a conference in Tokyo.Sub-event
Ripple explores private market trading on Forge and seeks equity partners like VivoPower and SBI Holdings.1 source
Keep exploring
The entities involved
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Ripple
creator and a developer of the Ripple payment protocol and exchange network.
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Forge
DevOps modernization platform developed by iTmethods providing 55+ managed tools for regulated enterprises
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SBI Holdings
Parent company of the SBI group (Japanese financial conglomerate)
Nothing else this week.
Related events
- Ripple's institutional brokerage arm is utilizing the XRP Ledger for its operational activities.
- Ripple is expanding its institutional business by launching the Delta One service to facilitate institutional trading in the U.S. equities market.
- Ripple faces stiff competition from Circle, while Dave Portnoy sold his XRP holdings.
Coverage
Newest first; wire copies grouped- decryptWhy VivoPower Wants Ripple Shares at a Discount to Its XRP Holdings Ripple owns billions of dollars worth of XRP, but company shares trading on private secondary markets don’t fully reflect that, acc
- GlobeNewswireVivoPower To Purchase Initial US$100 Million of Ripple Shares, Effectively Buying XRP at an Implied US$0.47 Per Token Backed by investors including Andreessen Horowitz and Google Ventures, Ripple Lab