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Ripple raised $200m in a Series C funding round led by Tetragon

San Francisco based blockchain developer behind XRP has raised $200m in Series C funding led by Tetragon. 

Highlighting what it called its "strongest year of growth to date," Ripple said its RippleNet payments network grew in 2019 to over 300 clients. It also partnered with MoneyGram, taking a near 10-percent stake in the remittance firm. As part of the deal, MoneyGram will utilize Ripple’s products for cross-border settlements.

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