Ripple CEO Brad Garlinghouse Says Company Remains in Strong Position Despite Exposure to Collapsed Bank

Ripple CEO Brad Garlinghouse Says Company Remains in Strong Position Despite Exposure to Collapsed Bank


The Daily Hodl
2023-03-14 18:45:54

Ripple chief executive Brad Garlinghouse says his company remains financially robust despite its exposure to the now-collapsed Silicon Valley Bank (SVB). Garlinghouse says that SVB was a banking partner and held some of Ripple’s cash balance. “Fortunately, we expect NO disruption to our day-to-day business, and already held a majority of our USD with a The post Ripple CEO Brad Garlinghouse Says Company Remains in Strong Position Despite Exposure to Collapsed Bank appeared first on The Daily Hodl .