Ripple, the blockchain company behind the third largest cryptocurrency, has been recognized as one of the fastest growing companies in America. Based on the Inc. list, which included many companies, Ripple was ranked 123rd. However, it was the largest growing blockchain company in the United States. Ripple was included in a list of the fastest growing companies in America compiled by Inc. Published by Mansueto Ventures, Inc. is an American business magazine popularly known for its annual rankings of the fastest growing private companies in the United States. In its latest ranking of 5,000 companies, the magazine listed Ripple as the 123rd fastest growing company in America. In addition to other factors, the companies were ranked based on percentage revenue growth from 2016 to 2019. Based on Inc's 5000 companies list, the blockchain company saw a 3,039 percent growth during this period (2016 - 2019). Moreover, Ripple's median growth rate is 165 percent. Being recognized as one of the fastest growing companies in America is quite an important development for Ripple, which was founded in 2012. Ripple is worth $10 billion It's worth noting that Ripple is growing rapidly as its blockchain solution is constantly being integrated into many financial institutions. The RippleNet, which streamlines banking operations, exceeded 300 users in 2019. It is also estimated that more than two billion transactions have been completed through RippleNet to date. All these transactions are reportedly worth $7 billion. That same year, the company's valuation rose to $10 billion after Ripple held a Series C funding round raising $200 million. While Ripple ranked as one of the fastest growing companies in America, the leading company OneTrust grew 48,337 percent over the same time period. The Georgia-based private startup was founded in 2016 and has been valued at $2.7 billion. You can always check the current exchange rate of cryptocurrencies (including Ripple) at the cryptocurrency exchange rate tab on bitcoin.co.uk. A safe and secure place to buy Bitcoin and other cryptocurrencies is Coinquista, a Polish cryptocurrency exchange. If you don't have an account on Coinquista yet, this article will show you how to create one quickly and efficiently: LINK. Tags inc. Ripple XRP
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