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Ripple closes investment in MoneyGram for 10% of all shares

  • 1 min read
  • XRP
  • Ripple has completed its $50 million investment in MoneyGram.
  • As a result, the company behind the cryptocurrency XRP now owns nearly 10 percent of all MoneyGram shares.

San Francisco-based Ripple, the company behind the XRP cryptocurrency, has completed its investment in MoneyGram, a money transfer company operating in 194 countries worldwide. Ripple announced in a press release that the second part
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