Xpring invests in XRPL Labs

by | Feb 13, 2019

XRPL Labs (@XRPLLabs twitter handle) is a Dutch Limited Company registered at the Dutch Chamber of Commerce. The company’s goal is to “develop applications for the XRP ledger”. Wietse Wind, Ali Mohammadlo and Tristan van de Kamp are the three people behind this company.

Today, on February 13th, Vanessa Pestritto, Xpring Director, shared a Medium article on twitter, announcing Xpring’s investment in XRPL Labs.

According to the announcement:

“We are thrilled to announce that Xpring has invested in Wietse Wind’s XRPL Labs. His creative approach, leadership and ability to engage developers were key differentiators in our decision to invest. He continues to stand up new products and projects while asking hard questions about how new technologies will enable new forms of engagement between people and machines (such as streaming payments for electrical power; see below). The funding will enable Wietse to dedicate more time and resources to his projects, which he will independently select”.

These news are very exciting and promising for the XRP community since Wietse and his team have proven their ability to think outside the box and come up and materialize new use cases for XRP. With the proper funding, the sky is the limit for XRPL Labs.