financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Ripple Finds a Spot in a Very Prestigious List: Details
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ripple Finds a Spot in a Very Prestigious List: Details
Jul 14, 2024 2:29 AM

TL;DR

Ripple was named one of the top 250 fintech companies for 2024 in the digital assets category by CNBC and Statista. The company has received multiple awards, including the PAY360 Award and recognition as a top workplace by Fortune Magazine.

Ripples Latest Recognition

The American business news channel CNBC and the global industry statistics database Statista conducted a mutual study to find out the top 250 fintech companies for 2024. One of the awarded firms in the digital assets section is Ripple. It is one of the three entities placed on that list last year, with Coinbase and OpenSea being the others.

CNBC and Statista explained that the digital assets category comprises firms that make it easier to access and use cryptocurrencies and blockchain-based applications. They also noted the industrys success in 2024, reminding that Bitcoin (BTC) hit an all-time high price of over $70,000 in March. 

The entities revealed that 116 of the top 250 fintech companies are located in the United States (including Ripple, which is headquartered in San Francisco). The United Kingdom follows next with 30 firms, while India is home to 11 entities on the list.

The Previous Awards

This is not the first time Ripple has found a place in such a category. In October last year, it won the payment prize in the UK the PAY360 Awards. The company topped the ranking for being the leader in digital currencies/assets in financial services. 

One of the people acknowledging the achievement was Sendi Young Managing Director of Ripples European operations. Such an honour to win in this UKs most prestigious payments awards, she said at the time.

Prior to that, Fortune Magazine placed Ripple in the 13th position (out of 50) as the best workplace in technology for 2023. According to the business magazine, 94% of the firms employees consider it a great place to work. 98% of the staff said they were warmly welcomed upon starting their journey at the company, while 96% were supportive of the management team.

Last but not least, People Magazine included Ripple in its list of top 100 companies who care for employees and society. Other well-known corporations that were part of that club were American Express, NVIDIA, Deloitte, MasterCard, and more.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ripple Vs. SEC Lawsuit Update: Pro
Ripple Vs. SEC Lawsuit Update: Pro
Aug 29, 2024
TL;DR Ripple was ordered to pay a $125 million fine, significantly lower than the US SECs initial demand, with both parties able to contend until early October. Lawyer Bill Morgan now sees a reduced chance (45%-55%) of an appeal form the Commision, based on recent case developments and favorable views on Judge Torres ruling. The Appeal Seems Less Likely? The...
Bitcoin L2 Stacks Implements Nakamoto Upgrade for Enhanced Network Functionality
Bitcoin L2 Stacks Implements Nakamoto Upgrade for Enhanced Network Functionality
Aug 29, 2024
The leading Bitcoin layer-2 network, Stacks, has commenced implementing its Nakamoto upgrade, which will enhance functionality and integration with its base blockchain. According to a press release shared with CryptoPotato, Stacks began the Nakamoto Activation Sequence on August 28. The process has four key steps, including the final code delivery, Cycle 92; the upgrade period for network operators; Cycle 93,...
Hackers Hijack Kylian Mbappe’s X Account to Promote Crypto Scam: Report
Hackers Hijack Kylian Mbappe’s X Account to Promote Crypto Scam: Report
Aug 29, 2024
The X account of French football star Kylian Mbappe was reportedly hacked on August 29, with the attackers posting multiple messages promoting a suspicious cryptocurrency named $MBAPPE.  The posts, which also included opinions on contentious topics such as the Israel-Palestine conflict, caught the attention of many, leading to significant financial losses for some. Investor Loses Over $1 Million According to...
Network Activity Decline for Polygon (MATIC) but Bullish Reversal Signals Emerge
Network Activity Decline for Polygon (MATIC) but Bullish Reversal Signals Emerge
Aug 29, 2024
Polygon (MATIC) has been experiencing a decline in network activity since the broader crypto market retrace began in March. However, recent data shared by the crypto analytic platform Santiment indicates a potential shift in this trend. Bullish Reversal for Polygon (MATIC)? Polygons native token, MATIC, has lost over 17% of its value in the past month alone as it traded...
Copyright 2023-2026 - www.financetom.com All Rights Reserved