ADVERTISEMENT

Ripple

Technology company providing solutions for cross-border payments.

Ripple is a technology company that provides solutions for cross-border payments. Founded in 2012, Ripple offers a payment protocol and digital currency known as XRP to facilitate fast and low-cost international transactions. The company's technology has been adopted by various financial institutions and banks around the world to improve the efficiency of cross-border payments. Ripple is known for its focus on blockchain technology and its mission to revolutionize the global payment system.

Show more

Related

X (Twitter)Edward SnowdenEthereumCoinbaseXeroxDogecoinVitalik ButerinRainRedditRay Dalio

Timeline

2004
Founding of RipplePay
RipplePay was founded in 2004 in Vancouver, Canada by Ryan Fugger as a secure method for global money transfer.
2012-06-01
XRP Founded
On June 1, 2012, XRP was founded.
2012-08-01
XRP Release
In August 2012, Ripple released XRP, a digital asset that can be used as a bridge currency for global payments.
2013-06-01
OpenCoin Rebranded to Ripple Labs
On June 1, 2013, OpenCoin was rebranded to Ripple Labs.
2014-01
Ripple's Significant Price Increase
A year later, in January 2014, the price of Ripple increased by 454% within 33 days, indicating another major price jump for the cryptocurrency.
2015-10-01
Ripple Lab Rebranded to Ripple
In October 2015, Ripple Lab was rebranded to Ripple.
2016-03
Opening of European Offices in London
In March 2016, Ripple further expanded its global reach by opening offices in London, demonstrating its commitment to growth and development in the European market.
2016-06
Opening of European Offices in Luxembourg
In June 2016, Ripple continued its expansion in Europe by opening offices in Luxembourg, further solidifying its presence in the region.
2016-09
Launch of Ripple’s Global Payments Steering Group (GPSG)
In September 2016, Ripple's GPSG was launched as an interbank group for global payments system, aiming to oversee the creation and maintenance of Ripple payment transaction rules and promote the implementation of Ripple payment capabilities.
2017-03-04
Addition of Escrow and Payment Channels
On March 4, 2017, Ripple added new features, Escrow and Payment Channels, to increase the performance and scalability of The Ripple Consensus Ledger (RCL), providing faster and cheaper cross-border payment experiences.
2017-12-01
Ripple's 55 Billion XRP Lockup Complete
In December 2017, Ripple confirmed the completion of the lockup of 55 billion XRP.
2018-01-06
Ripple's All-Time High (ATH)
On January 6, 2018, Ripple reached its all-time high (ATH) with the XRP price rising to $3.40 from under one cent, but this surge was short-lived.
2019-12
Ripple's Estimated Worth
In December 2019, Ripple was estimated to be worth as much as USD10 billion, although the exact financial details were not disclosed due to its status as a private company.
2020-09-01
XRPL Foundation Launched
In September 2020, the XRPL Foundation received an initial donation to fund its work in service of developers and community members building on XRP.
2020-12-01
Ripple Accused of Unregistered Digital Assets Securities Offering
In December 2020, SEC charged Ripple and two executives with conducting a $1.3 billion unregistered securities offering.
2021-11-01
Good Progress in SEC Case over XRP
In November 2021, Ripple made good progress in its legal feud with the U.S. Securities and Exchange Commission.
2022-11-01
NFT Incorporation
In November 2022, XRP launched its own NFT ecosystem.
2022-12-01
SEC Accuses XRP of Being a Security
In December 2022, Ripple and the U.S. Securities and Exchange Commission accused one another of stretching the law, as they argued for a ruling on whether XRP is a security.
2023-07-01
Judge Rules XRP is Not a Security in SEC's Case against Ripple
On July 1, 2023, Ripple Labs scored a victory in the United States District Court as Judge Analisa Torres ruled partially in favor of the company.
2024-03-21
Ripple XRP/USD Price History
The price of Ripple, also known as XRP, was 0.61 U.S. dollars on March 21, 2024. The price surged in 2021 but declined significantly in 2022. The legal complaint filed against Ripple by the US SEC in November 2020 caused a sharp drop in the XRP price.
End of the Timeline
Ripple

Popular

Internal Combustion Engine
Heat engine with combustion of fuel and oxidizer
Ibase-image
TikTok
Short-form video hosting service
TikTok
Jimi Hendrix
Influential rock guitarist and singer
Jbase-image
Twice
South Korean girl group formed by JYP Entertainment.
Tbase-image
Alibaba
Chinese multinational technology company specializing in e-commerce
Abase-image
Show more
ADVERTISEMENT

Recently Added

Brighton & Hove Albion F.C.
English professional football club in Brighton and Hove
Bbase-image
Brentford F.C.
Professional football club in West London
Bbase-image
Burnley F.C.
Burnley F.C. is a football club in Lancashire
Bbase-image
A.F.C. Bournemouth
Football club with roots dating back to 1890
Abase-image
Gustave Courbet
French Realism painter and innovator
Gbase-image
Show more
ADVERTISEMENT