XRP will have another lackluster year in 2020, Galaxy Digital CEO (and Ripple shareholder) Mike Novogratz told a roomful of financial advisers.
The Ripple CEO said at Davos an initial public offering is seen as the “natural evolution for the company,” perhaps even this year.
Ripple's argument that an XRP holder waited too long to file suit has no precedent, a new legal filing claims.
CEO Brad Garlinghouse said Ripple is "in a very strong position... and I intend to press our advantage" through new investments.
The price of XRP and Litecoin, two of the world's largest cryptocurrencies, fell to new 2018 lows on Wednesday.
Ripple's sales of the XRP cryptocurrency fell 56 percent to $73.53 million in Q2, but the firm gained more customers, its latest report says.
A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by the firms.
"Let's be clear: Ripple is different than XRP," said Ripple head Brad Garlinghouse during day two of CB Insights' Future of Fintech conference.
A new lawsuit claims XRP is a security controlled by Ripple.
In a tweet late Thursday night, Ripple stated that three of the top five money transfer businesses will begin using its XRP cryptocurrency in 2018.