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
  • Ripple (XRP)

Ripple’s Series C Funding Round of 2019, the Means to a Better 2020

Tobi Loba January 2, 2020 3 min read

Ripple, the US-based Fintech company, recorded a host of achievements in the just-concluded year. Lots of notable partnerships were sealed by the blockchain tech. The one envisaged as the noblest was its partnership with the money transfer giant, MoneyGram.

The breaking of the big announcement dominated the finance and crypto-based news outlets. The significance of the partnership is not just about the two big companies involved, but the whopping sum invested by Ripple, which made the partnership a reality. The above recapped the long journey of 2019 jampacked with lots of big announcements for Ripple.


trade now

Ripple’s Series C Funding Round and its Probable Impact In 2020

Another major announcement used to cap the just concluded year was the Series C funding round. Ripple announced the Series C funding round on 20th December 2019. According to the report, it involved three investors and a total of $200 Million was raised in the process.

Going by the information inferred from Ripple’s Crunchbase business page, the most recent funding round clearly doubled the sum of the previous funding rounds.

According to the record, the sum of the entire funding rounds prior to the Series C funding was $93.6 million, while the Series C funding round alone accrued $200 million, making the total funding received amounts to $293.6 million.

In a simple term, the funding accumulated by Ripple in Series C round has increased its total funding by 300%, which is a clear advancement experienced by Ripple in the just-concluded year.

As technically envisaged, Ripple is now closer to having its company publicly traded, due to the successful completion of its Series C funding that played out in December 2019.

This milestone could also be termed as Ripple’s process of maturity as shared by Finance Zacks. Once a financial company or entrepreneur successfully negotiated and completed a Series C funding round such as Ripple, such a company or entrepreneur is capably ready to prove its worth in the marketplace.

At times, the investment of some growing companies in Series C funding basically meant to go all-in, in order to make its business appealing for acquisition, as well as to support a public offering.

Obviously, Ripple as a financial technology company with many missions is progressing. Presently, it has over 500 trained workers, with offices spread across the continents of the world.

Additionally, Ripple’s worth is now relatively $10 billion and still counting. The Series C funding conducted in December 2019 could serve as means for Ripple to be publicly traded as earlier stressed.

This could as well define a better year packed with growths and developments for Ripple and a means for expansion that would cause the exposure of its digital token XRP.  Such exposure is capable of convincing notable investors across the world. However, the year just started, we shall see how things unfold as the year advances.

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: TronWallet 3.0.13 Comes with Major Hotfixes, will be Live Shortly on iOS and Google Play
Next: Bitrue Updates VeChain (VET) Wallet to Conform with the Upcoming Fork

Related Stories

Philippines SEC Seeks More Power Over The Crypto Sector 
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News
  • Regulation

Philippines SEC Seeks More Power Over The Crypto Sector 

January 31, 2023
Web3-based Security Provider Hypernative Nets $9M in Seed Funding
3 min read
  • Cryptocurrency
  • News
  • Scam / Hack
  • Technology
  • Web3

Web3-based Security Provider Hypernative Nets $9M in Seed Funding

January 31, 2023
SEC Kickstart Investigation Of Investment Advisers Over Digital Asset Custody Trade Galactica security
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • ETF (Exchange Traded Fund)
  • News
  • Regulation

SEC Kickstart Investigation Of Investment Advisers Over Digital Asset Custody

January 31, 2023

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$23,103.00
1.34%
ethereum
Ethereum (ETH)
$1,584.60
1.05%
tether
Tether (USDT)
$1.00
0.08%
usd-coin
USD Coin (USDC)
$1.00
-0.04%
binancecoin
BNB (BNB)
$312.58
1.29%
ripple
XRP (XRP)
$0.404270
3.30%
binance-usd
Binance USD (BUSD)
$1.00
-0.02%
cardano
Cardano (ADA)
$0.387096
4.14%
dogecoin
Dogecoin (DOGE)
$0.094579
4.26%
polkadot
Polkadot (DOT)
$6.24
0.60%

Recent Posts

  • Philippines SEC Seeks More Power Over The Crypto Sector 
  • Web3-based Security Provider Hypernative Nets $9M in Seed Funding
  • SEC Kickstart Investigation Of Investment Advisers Over Digital Asset Custody
  • US Senator Cruz Wants Capitol Vending Machines To Accept BTC 
  • US’ Investors’ Large BTC Accumulations Is A Positive Sign For Cryptocurrency – Matrixport
  • North Korean Hackers Target Crypto Users With Fake Job Offers – Report
  • Kin Foundation Develops a Solana-Based Application Kinetic for Developers
  • Deribit Exchange Considers Moving To Dubai
  • Crypto Mixers Laundered $7.8 Billion In 2022 – Chainalysis Report
  • Charles Hoskinson’s Health Clinic Will Support ADA Payments
  • Celsius Diverted Customer Funds to Settle Withdrawals
  • Bitcoin and Ethereum Prices Drop as Market Prepares for Fed Rate Hikes
  • SEC Commissioner Wants Consistent Legal Framework For All Digital Assets
  • Binance Team Up with MasterCard to Introduce Prepaid Crypto Card in Brazil
  • Norway Emerges Europe’s Largest Crypto Mining Hub

Categories

You may have missed

Philippines SEC Seeks More Power Over The Crypto Sector 
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News
  • Regulation

Philippines SEC Seeks More Power Over The Crypto Sector 

January 31, 2023
Web3-based Security Provider Hypernative Nets $9M in Seed Funding
3 min read
  • Cryptocurrency
  • News
  • Scam / Hack
  • Technology
  • Web3

Web3-based Security Provider Hypernative Nets $9M in Seed Funding

January 31, 2023
SEC Kickstart Investigation Of Investment Advisers Over Digital Asset Custody Trade Galactica security
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • ETF (Exchange Traded Fund)
  • News
  • Regulation

SEC Kickstart Investigation Of Investment Advisers Over Digital Asset Custody

January 31, 2023
US Senator Cruz Wants Capitol Vending Machines To Accept BTC 
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Crypto Trading
  • Cryptocurrency
  • News
  • Regulation
  • Stablecoin

US Senator Cruz Wants Capitol Vending Machines To Accept BTC 

January 31, 2023
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%