Ripple is Selling XRP at a Discount to Some Institutional Buyers
Brad Garlinghouse, CEO of Ripple, a California-based blockchain startup focusing on the banking sector, confirmed that the company is selling its native token, XRP, to some of their institutional clients at a discount. In an interview with CNN, Garlinghouse was asked at what price does the Ripple sell XRP to financial institutions that they are dealing with
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