Ripple CEO Brad Garlinghouse Says Company Remains in Strong Position Despite Exposure to Collapsed Bank
15 March 2023 - 5:45AM
The Daily Hodl
Ripple chief executive Brad Garlinghouse says his company
remains financially robust despite its exposure to the
now-collapsed Silicon Valley Bank (SVB). Garlinghouse says that SVB
was a banking partner and held some of Ripple’s cash balance.
“Fortunately, we expect NO disruption to our day-to-day business,
and already held a majority of our USD with a […]
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