Founded in 2012 by Arthur Britto, Chris Larsen, and Ryan Fugger, Ripple offers a global real-time payment system that enables banks and financial institutions around the world to directly transact with each other without the need for a central correspondent.
The company also offers FX Market Making, a solution enabling enterprises to gain access to cross-currency liquidity through a distributed network that allows foreign exchange to be externally sourced from a competitive FX marketplace or an internal FX trading desk. This minimizes FX exposure thereby lowering the volatility and counter-party risk of trades. Ripple Insights features industry updates, insider perspectives, and in-depth market analysis.
In February, 2019, it was announced that Zach Katz teamed up with Scooter Braun’s Ithaca Holdings, and Ripple, to launch Raised In Space Enterprises, a new music biz funding group which will “forge proactive collaboration between music and technology with investments ranging from $500,000 to $5 million”1