Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • News

America’s Leading Business Magazine Inc. Recognizes Ripple as One of the Fastest Growing Companies

Tobi Loba August 18, 2020 2 min read
CryptoCompare: XRP Surpasses Bitcoin in Trading Volume, Becoming Most-Traded Crypto-Asset

The US-based cross-border payment behemoth, Ripple, has recently received special recognition from an America’s leading business magazine Inc., as one of the fastest-growing companies in the United States.

In the past, Ripple had made the list of the performance and reliability rankings conducted by highly reputable platforms. For instance, the San Francisco payment firm has been making the list of LinkedIn’s best 50 startups in the United States on a yearly basis, which is the result of Ripple’s commitment to its services.


trade now

In the recent ranking released by the popular magazine Inc., Ripple occupies the 123rd position out of 5,000 businesses on the list.

A Significant Growth in the Last Three Years

According to the business magazine Inc., Ripple, the payment giant that oversees the distribution of the digital token XRP, which came to existence in 2012, has grown by 3,039% over the last three years, with the median growth of 165%.

America’s Leading Business Magazine Inc. Recognizes Ripple as One of the Fastest Growing Companies
Courtesy of Inc. Magazine

The customers in Ripple’s RippleNet, the network that connects banks and financial institutions, increased to surpass 300 in 2019.

Also in 2019, Ripple’s valuation increased to hit $10 billion after its $200 million Series C funding sponsored by New York-based Tetragon Financial Group.

The 55% of XRP’s total supply belongs to Ripple, and its On-Demand Liquidity (ODL), the product that uses XRP as a bridge currency, gained traction increasingly over the past year. According to the quarterly report released by Ripple, ODL volumes grew 11 times in just a year.

Also, according to the CEO of Ripple, Brad Garlinghouse, over 2 billion transactions with an estimated value of $7 billion have been processed so far on RippleNet network.

Other Highly Ranked Companies on the List

As Ripple topped the list of companies related to blockchain technology, there are a number of private firms that printed notable performances in the financial service department over the years.

On the list, OneTrust, Create Music Group, and Lovell Government Services occupy first, second, and third positions, with a 48,337%, 46,800%, and 40,899% growth respectively.

Join us on Twitter

Join us on Telegram

Join us on Facebook

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: Vitalik Buterin: Ethereum 2.0 Is Much Harder to Implement beyond Our Expectation
Next: Binance to Launch LINK/USD Coin-Margined Perpetual Contract With Up to 75x Leverage

Related Stories

What is a Bear Trap in Trading and How Does It Work?
11 min read
  • Crypto Trading
  • Guide
  • News

What is a Bear Trap in Trading and How Does It Work?

August 13, 2022
All You Need To Know About Virtual Asset Service Provider (VASP)
11 min read
  • Cryptocurrency
  • Guide
  • News
  • Regulation

All You Need To Know About Virtual Asset Service Provider (VASP)

August 13, 2022
Animoca Co-Founder Says Web3 Requires More Developers For A True Decentralized Environment
3 min read
  • Cryptocurrency
  • News
  • Web3

Animoca Co-Founder Says Web3 Requires More Developers For A True Decentralized Environment

August 12, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$24,664.00
0.60%
ethereum
Ethereum (ETH)
$1,999.80
0.22%
tether
Tether (USDT)
$1.00
-0.04%
usd-coin
USD Coin (USDC)
$1.00
-0.30%
binancecoin
BNB (BNB)
$328.62
0.90%
cardano
Cardano (ADA)
$0.59
5.82%
ripple
XRP (XRP)
$0.387423
1.65%
Binance USD
Binance USD (BUSD)
$1.00
-0.32%
polkadot
Polkadot (DOT)
$9.47
-0.41%
dogecoin
Dogecoin (DOGE)
$0.079475
8.75%

Recent Posts

  • What is a Bear Trap in Trading and How Does It Work?
  • FxCapital360 Review – Is FxCapital360 Scam or a Proper Broker?
  • All You Need To Know About Virtual Asset Service Provider (VASP)
  • Animoca Co-Founder Says Web3 Requires More Developers For A True Decentralized Environment
  • Nvidia Launches New Developer Tools To Up Its Metaverse Bet
  • Velocity Trade Review – Is Velocity Trade Scam or a Proper Broker?
  • Blockchain vs. Database: How Do They Differ?
  • Paper Wallets: How To Secure Your Crypto Assets
  • New Report Says Nigeria Has Become the Most Crypto-obsessed Country
  • Institutional Demand for BTC Is Insatiable, Says Kevin O’Leary
  • Money-Laundering And Wash Trading In NFTs – All You Need To Know
  • Alfabtc Review – Is Alfabtc Scam or a Proper Broker?
  • Ethereum Whales Holding SHIB Remain Undefeated, but Here’s the Catch
  • Here’s Why Celsius (CEL) Gained 109% Within a Month
  • Security Tokens Vs Utility Tokens: How Do They Differ?

Categories

You may have missed

What is a Bear Trap in Trading and How Does It Work?
11 min read
  • Crypto Trading
  • Guide
  • News

What is a Bear Trap in Trading and How Does It Work?

August 13, 2022
FxCapital360 Review – Is FxCapital360 Scam or a Proper Broker?
4 min read
  • Cryptocurrency Brokers News and Reviews

FxCapital360 Review – Is FxCapital360 Scam or a Proper Broker?

August 13, 2022
All You Need To Know About Virtual Asset Service Provider (VASP)
11 min read
  • Cryptocurrency
  • Guide
  • News
  • Regulation

All You Need To Know About Virtual Asset Service Provider (VASP)

August 13, 2022
Animoca Co-Founder Says Web3 Requires More Developers For A True Decentralized Environment
3 min read
  • Cryptocurrency
  • News
  • Web3

Animoca Co-Founder Says Web3 Requires More Developers For A True Decentralized Environment

August 12, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%