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2023/12/13 15:42

Ripple moved its global headquarters to a new

Ripple moved its global headquarters to a new address in San Francisco.

TL;DR

Ripple’s New San Francisco HQ: Ripple opens new global headquarters in San Francisco, showcasing commitment to stay in the US amid its SEC legal battle.

Legal Dispute with SEC: Ripple’s ongoing legal dispute with the SEC involves allegations of selling over $1.3 billion in unregistered XRP securities, with significant developments favoring Ripple in 2023.

Impactful Upcoming Trial: A decisive trial in April will determine the outcome of Ripple’s conflict with the SEC, potentially influencing the broader cryptocurrency sector.

Ripple’s New Home :-

Ripple has been frequently making the headlines throughout the ongoing year thanks to the numerous developments surrounding the blockchain enterprise and its winning court streak against the United States Securities and Exchange Commission (SEC).

Most recently, the company announced the opening of new global headquarters in San Francisco, hinting that it has no intention to leave American soil. The building with the modern office was built in 1927 and recently underwent a remarkable makeover. Back in 2019, it was acquired by two real estate giants – Invesco Real Estate and TMG Partners – for $125 million.

David Schwartz – Ripple’s Chief Technology Officer – shed more detail on the matter, unveiling photos of the new workspace on X (Twitter). Numerous users congratulated the firm for its move, wishing it success in the future.

It remains unclear whether Ripple would continue running some operations at its former office at 315 Montgomery Street, San Francisco. 

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