May 1, 2019
California-based Fintech startup Ripple has released 1 billion XRP coins worth $ 308.89 million from escrow accounts.
Thawed XRPs are likely to be used for various changes in the Ripple ecosystem, as well as for direct sales.
Recall that earlier in April, Ripple published a financial report on the results of the first quarter of 2019, according to which sales of XRP tokens increased by 31% compared with the previous quarter – the company sold tokens for $ 169.42 million.
In addition, the old escrow account in the first quarter left 3 billion XRP, and the new received 2.3 billion XRP.