Bank

2024

David

Coin

<ul class="news-points"> 
 <li><strong>Ripple’s ex-director urged the firm to invest in another company.</strong></li> 
 <li><strong>The former director advised the FinTech firm to embark on a reinvestment campaign.</strong></li> 
 <li><strong>Ripple recently secured new partnerships across different regions.</strong></li> 
</ul> 
<p>Former Ripple Director Sean McBride has urged the FinTech firm to acquire another company. In a recent post on X, McBride asked Ripple to activate an investment cycle using the tons of funds it is sitting on. The former director said Ripple should “reinvest, build, and repeat.”</p> 
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   <p lang="en" dir="ltr">Ripple needs to acquire another company. Spend some of that money instead of sitting on it for no apparent reason. Reinvest, build, repeat.</p>— Sean McBride (@seanmcbride16) <a href="https://twitter.com/seanmcbride16/status/1799202512878375104?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 7, 2024</a>
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<p>Ripple recently secured new partnerships across different regions. According to reports, the FinTech behemoth partnered with Santander (UK), CIBC (Canada), Kotak Mahindra Bank (India), and Itaú Unibanco (Brazil) to streamline cross-border transactions.&nbsp;</p> 
<p>Meanwhile, the firm’s new partnerships increased user activities on the XRP Ledger. It also led to a surge in transactions compared to the previous year. Following the partnerships, Ripple Chief Technology Officer (CTO) David Schwart…</p>
<p>The post <a href="https://coinedition.com/ripples-former-director-urger-firm-to-begin-investing-in-new-companies/">Ripple’s Former Director Urges Firm To Begin Investing in New Companies</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple’s Former Director Urges Firm To Begin Investing in New Companies

Coin Edition

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