Ripple makes waves as they hit the 28th spot on CNBCs list of distributor companies

• A list of 50 companies that made an impactful change in 2020 has been compiled by the American news media network, CNBC. 
• There were many technology start-up companies that made their way onto the list and unexpectedly, Ripple was the only crypto company that landed on the list.

A list of 50 companies that made an impactful change in 2020 has been compiled by the American news media network, CNBC. There were many technology start-up companies that made their way onto the list and unexpectedly, the San Francisco-based blockchain initiative Ripple was the only crypto company that landed on the 28th spot of the list. 

Ripple is a company that specifically looks into wireless transfers and has been a company to keep an eye on for a long time due to its usability within both big and small companies. It’s native cryptocurrency, XRP on the XRP ledger is able to set up transactions in up to 5 seconds and continues to work hard on the importance of instant payment systems that can be done all over the world with a range of different currencies, whether it’s crypto or fiat.

Users are growing massively on the network and the company is planning to expand its services in a serious manner. It seems that the company is paying attention to smaller companies as well as individuals but that isn’t to say that they don’t want the big institutions too.

In 2018, except he took to the skies and ended up being worth $3 which is a massive milestone in the history of the currency. Chris Larsen, one of the founders of the company so benefits of this more than anyone as his net worth spiked and briefly surpassed the wealth of Mark Zuckerberg, the CEO and founder of Facebook. 

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!