Ripple Announces $25 Million in XRP Investment Fund

Ripple (XRP) announced that it will invest $25 million in the form of XRP for Blockchain Capital Parallel IV. Blockchain Capital Parallel is the first fund to receive digital assets and is fully focused on developing blockchain space. The fund will be used to invest in an entrepreneurial blockchain company, while also providing opportunities for new applications of XRP distribution accounts and account books. According to the market, XRP’s current global average price is 0.498 US dollars, an increase of 1.38%.

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