• June 18, 2020

    PayID: Leading technology, finance, and nonprofit companies joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving money globally – across any payment network and any currency. Ripple takes the lead in this initiative.

  • May 27, 2020

    RippleNet Cloud: Ripple announces the availability of RippleNet Cloud, a service that allows customers to send and receive payments with one integration and a common Ripple Payment Object (RPO) amongst all customers on RippleNet—meaning less friction and more standardization when customers are ready to scale. 

  • May 5, 2020

    ISO 20022: Ripple joins ISO 20022, an emerging global and open standard for payment messaging, and becomes the first member focused on DLT.

  • April 21, 2020

    Ripple sues YouTube: Ripple takes legal action against YouTube to prompt an industry wide-behavior change and set the expectation of accountability. Ripple claims YouTube should: be more aggressive and proactive in identifying scams, before they’re posted, remove these scams once they are identified and lastly, not to profit from these scams.

  • February 6, 2020

    Patent infringement case dismissed: Cooperative Entertainment, Inc. filed for voluntary dismissal of the lawsuit against Ripple.

  • December 20, 2019

    Series C Funding: Ripple announces $200 million in Series C funding led by Tetragon with participation from SBI Holdings and Route 66 Ventures. 

  • November 6, 2019

    300+ Ripple Customers: Ripple surpassed 300 customers.

  • September 25, 2019

    Ripple hit with patent infringement lawsuit: Cooperative Entertainment Inc., a company based in Raleigh, North Carolina (US), filed a lawsuit for patent infringement against Ripple.

  • September 13, 2019

    XRPL 50 million ledgers: The XRPL hits a milestone after closing its 50 millionth ledger.

  • June 17, 2019

    Ripple invests in MoneyGram: Ripple and Moneygram announce Strategic Partnership. Ripple invests in Moneygram and Moneygram to use ODL.

  • January 8, 2019

    200+ Ripple Customers: More than 200 customers signed up for RippleNet

  • October 1, 2018

    On-Demand Liquidity live: RippleNet provides on-demand liquidity to financial institutions for cross-border payments using the digital asset XRP. xRapid (now known as ODL), the Ripple product powering these transactions, is commercially available and moves into production with multiple customers.

  • September 11, 2018

    Ripple - R3 settle: The parties announce that they have reached a settlement of all outstanding litigation between them. The terms of the agreement remain confidential.

  • August 22, 2018

    Coffey drops lawsuit: Ryan Coffey voluntarily dismisses his lawsuit against Ripple.

  • August 14, 2018

    XRPL Decentralization: Ripple controls less than 50% of the XRP Ledger's Unique Node List.

  • June 8, 2018

    Vladi Zakinov sues Ripple: The second lawsuit against Ripple, later gets consolidated with Avner Greenwald, David Oconer, and Bradley Sostack, who is named the lead plaintiff.

  • June 4, 2018

    UBRI: Ripple introduces the University Blockchain Research Initiative, a collaboration with top universities around the world to support and accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments.

  • June 1, 2018

    Ryan Coffey sues Ripple: An investor who claimed he lost money buying and selling XRP filed a class action lawsuit against Ripple, alleging that the company violated state and federal securities laws.

  • May 14, 2018

    Xpring: Ripple announces Xpring,  a new initiative that will invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs

  • December 15, 2017

    Ripple escrow: Ripple locks 55 billion XRP into escrow. Ripple will be able to release a total of one billion XRP each month over the next 55 months.

  • October 10, 2017

    100+ Ripple customers: More than 100 financial institutions — across banks, payments providers and more — use the power of Ripple’s blockchain technology.

  • September 8, 2017

    R3 and Ripple sue each other: R3 sued Ripple for specific performance of an option agreement in which Ripple agreed to sell up to five billion XRPs for a price of $.0085. Ripple countersued, claiming that R3 reneged on a number of contractual promises.

  • September 23, 2016

    RippleNet Committee: Ripple announces the creation of the first interbank group for global payments based on distributed financial technology, the Global Payments Steering Group (GPSG), later renamed to RippleNet Committee.

  • September 15, 2016

    Series B Funding: Ripple raised $55 million in funding in a round lead by Japan’s leading online retail stock-brokering company, SBI Holdings. SBI acquired a 10.5% stake in Ripple.

  • June 13, 2016

    BitLicense: Ripple obtained a virtual currency license from the New York State Department of Financial Services, making it the fourth company with a BitLicense.

  • May 18, 2016

    SBI Ripple Asia: Ripple and SBI Holdings establish SBI Ripple Asia Co., Ltd. 

  • October 6, 2015

    Interledger Protocol (ILP): Ripple introduces the Interledger Protocol (ILP) for efficient payments across payment networks. ILP becomes an open public protocol for payments, with W3C - the body that develops the standards for the internet - taking the lead.

  • October 2015

    Ripple: In October 2015, the company simplified its name to Ripple.

  • May 18, 2015

    Series A Funding: Ripple Labs, Inc. raises $28 million from IDG Capital Partners, CME Group, Seagate, and others.

  • May 5, 2015

    FinCEN penalty: Ripple received US$700,000 civil money penalty from U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) for “willful violation of the Bank Secrecy Act by acting as a money services business without registering with FinCEN.”

  • November 12, 2013

    Seed Round: Ripple Labs, Inc. completes Seed funding round 

  • September 26, 2013

    Ripple Labs, Inc.: OpenCoin officially changed its name to Ripple Labs, Inc.

  • 2013

    JedMcCaleb Leaves Ripple: After a falling out, Jed McCaleb left Ripple in 2013

  • May 14, 2013

    Angel funding round: OpenCoin announced that it had closed a second round of angel funding.

  • April 11, 2013

    Angel funding round: OpenCoin announced it had closed an angel round of funding with several venture capital firms.

  • April 3, 2013

    SimpleHoney: OpenCoin acquired SimpleHoney to help it popularize virtual currencies and make them easier for average users.

  • December 2012

    The XRPL goes live: The XRP Ledger began transacting in December 2012.

  • September 2012

    Opencoin: Chris Larsen and Jed McCaleb co-founded the corporation OpenCoin. OpenCoin began development of the ripple protocol (RTXP) and the Ripple payment and exchange network.

  • June 2, 2012

    XRP created: Arthur Britto created the 100 billion XRP (then called "XNS").

  • October 14, 2011

    XRPL First Commit: Jed McCaleb pushed the first commit for the XRPL validator. Jed McCaleb, David Schwartz and Arthur Britto created the XRP Ledger.

  • 2004

    Ripplepay: Ripple was first idealized in 2004 by Ryan Fugger, who developed the first prototype of Ripple as a decentralized digital monetary system (RipplePay).