Ripple Labs has divested its stake in Tranglo, a Malaysia-based payments company that uses XRP for international transactions. XRP community member Crypto Eri published an article on X on Monday, citing an update from Crunchbase, revealing the development for the first time.
Ripple Labs has exited its investments in the Bitstamp exchange and Tranglo, according to the latest records from Crunchbase. The company's exit from Bitstamp appears to be in line with Bitstamp's acquisition by Robinhood, while the withdrawal from Tranglo was unexpected.
Ripple Labs has sold its stake in Malaysian payments company Tranglo
2024-07-17 00:19:03
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