Moneygram tracking customer service number: Ripple agrees to invest up to $50 million in MoneyGram to accelerate XRP adoption

Ripple’s initial investment will consist of the company paying $4.10 per share for up to a 10% stake of MoneyGram, or $30 million. The valuation of ~$300 million would be a significant comedown from the $1.2 billion deal that China’s Ant Financial struck to purchase MoneyGram in 2017, which was blocked by the Trump administration. MoneyGram would also hold an option for an additional investment of up to $20 million by Ripple in the next two years.

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