2011
Jed McCaleb begins developing the XRP Ledger
2012
Ripple Labs (originally OpenCoin) is founded
XRP Ledger launched
2013
Company rebranded to Ripple Labs
First major banking partnerships established
2015-2017
Major expansion of banking partnerships
Series A and B funding rounds completed
2018-2019
RippleNet grows to over 300 customers
Strategic partnership with MoneyGram
2020
SEC files lawsuit against Ripple Labs
Continued global expansion despite legal challenges
2021
Strong defense against SEC allegations
Growing international adoption
2022
Major victories in SEC case discovery phase
Expansion of ODL corridors globally
2023
Landmark victory: Judge Torres rules XRP not a security when sold to public
Major exchanges relist XRP
The SEC Battle
December 2020
SEC files lawsuit against Ripple Labs
2021-2022
Discovery phase and legal proceedings
Strong community support and legal defense
July 2023
Major victory: Court rules XRP itself is not inherently a security
Programmatic sales to public cleared
Impact
Precedent-setting case for cryptocurrency industry
Enhanced regulatory clarity for digital assets
Major Partnerships
Banking Partners
- Santander
- Bank of America
- Standard Chartered
- SBI Holdings
- MUFG
- Canadian Imperial Bank of Commerce (CIBC)
Payment Providers
- MoneyGram
- Western Union
- Azimo
- Flash FX
Technology Partners
- Microsoft
- Accenture
- CGI
- TCS
Growing Network
More than 100 financial institutions have joined RippleNet, with new partnerships being formed regularly. The network continues to expand globally, bringing innovative payment solutions to more regions.
Key Achievements
- Processing billions in transactions
- Partnerships with major financial institutions
- Leading blockchain solution for cross-border payments
- Continuous innovation in payment technology
- Landmark legal victory establishing regulatory clarity