Ripple Takes $50 Million Stake in MoneyGram in Push to Deploy XRP

Blockchain firm Ripple has bought $30 million worth of shares and warrants in MoneyGram International Inc, the two companies said on Monday, as they partner to use Ripple's product for cross-border payment and foreign exchange settlement......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Jio Infocomm provides services to about 388 million customers.....»»

Facebook Inc. on Tuesday announced a $5.7 billion investment in India's Jio Platforms Ltd. The Indian tech company is part of Reliance Industries Ltd., and has brought nearly 400 million Indians on.....»»

Payments firm Ripple has given MoneyGram over $11 million dollars in the past half year, according to regulatory filings with the Securities and Exchange Commission......»»

Canadian billionaire Lawrence Stroll will take an up to 20% stake in Aston Martin for nearly 200 million pounds ($263 million) as the ailing carmaker raises funds after a sales drop put pressure on its finances......»»

A notoriously secretive hedge fund that regularly ranks near the top of financial rankings has taken a major stake in Under Armour Inc. Greenwich, Connecticut-based Lone Pine Capital LLC bought 12.7 million shares of Under Armour stock, or a 6.7%.....»»

The Agilent stake was is valued at $246 million......»»

Ripple now owns nearly 10 percent of MoneyGram's outstanding common stock after completing its $50 million equity investment......»»

Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner's make-up and skincare businesses, as it looks to tap into the reality TV star's huge social media reach, sending its shares up as much as 5%......»»

Berkshire Hathaway disclosed Thursday that it bought a 1.2-million-share stake in luxury furniture retailer RH, formerly known as  Restoration Hardware, during the third quarter, sending the Corte Madera retailer’s shares up 7% in after-hours trad.....»»

U.S. Steel announced Tuesday morning that it had acquired a 49.9 percent ownership interest in Big River Steel, the first step toward the acquisition of the company. U.S. Steel purchased the ownership stake for approximately $700 million in cash, w.....»»

San Francisco-based Ripple sees a deal to buy about 10 percent of MoneyGram for $30 million as a means to expand a key part of its operations......»»

Money transfer giant MoneyGram will use Ripple's xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership......»»

URA takes an ownership stake in $44 million condo development as McKnight Realty bows out; city gives up $2 million up front payment to take ownership stake instead......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Eyal Ofer’s Global Holdings Group, known for its investments in iconic office buildings, hotels and luxury residential developments, announced a $52.5 million preferred equity investment in the Rockefeller Group’s condo development.....»»

Shares of Chinese electric car maker Nio jumped 22 percent Tuesday after Tesla investor Baillie Gifford revealed it owns 85.3 million shares in the company in a filing......»»