{"id":25191,"date":"2024-07-17T17:00:24","date_gmt":"2024-07-17T14:00:24","guid":{"rendered":"https:\/\/coinengineer.io\/?p=25191"},"modified":"2024-07-17T10:24:34","modified_gmt":"2024-07-17T07:24:34","slug":"ripple-sells-stakes-in-bitstamp-and-tranglo","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/","title":{"rendered":"Ripple Sells Stakes in Bitstamp and Tranglo"},"content":{"rendered":"<p>Leading the cryptocurrency payments scene, <strong>Ripple<\/strong> made news for selling its Bitstamp and Tranglo interests, as recorded on Crunchbase. The decision by <strong>Ripple<\/strong> might have been influenced by Robinhood&#8217;s recent $200 million acquisition of Bitstamp. This differs from <strong>Ripple&#8217;s<\/strong> past approach since it bought Bitstamp to increase its global presence outside of conventional payment methods.<\/p>\n<p>Many also found it shocking that <strong>Ripple&#8217;s<\/strong> leaving Tranglo. <strong>Ripple<\/strong> keeps a 40% share in the cross-border payment platform, which uses XRP for liquidity, even with the divestiture, and lists Tranglo as a partner. This has prompted professionals like Crypto Eri to demand more transparency on the particulars of this departure.<\/p>\n<p>The market reaction of XRP to these major developments was rather subdued. Trading around $0.532, bitcoin enjoyed a small 2% price rise. Still, after recent profit-taking, trade volume dropped noticeably by 45%. Fascinatingly, the overall open interest in XRP futures showed a little rise, suggesting a cautiously positive investor perspective.<\/p>\n<p>The fintech community has paid close attention to this choice to sell shares, and worries about <strong>Ripple&#8217;s<\/strong> future approach have been generated. Although the company&#8217;s significant Bitcoin holdings have been beneficial, these latest actions point to a possible change in emphasis or a response to the changing environment of markets.<\/p>\n<p>&nbsp;<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leading the cryptocurrency payments scene, Ripple made news for selling its Bitstamp and Tranglo interests, as recorded on Crunchbase. The decision by Ripple might have been influenced by Robinhood&#8217;s recent $200 million acquisition of Bitstamp. This differs from Ripple&#8217;s past approach since it bought Bitstamp to increase its global presence outside of conventional payment methods.<\/p>\n","protected":false},"author":6,"featured_media":22818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1941,509,7417],"class_list":["post-25191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitstamp","tag-ripple","tag-tranglo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ripple Sells Stakes in Bitstamp and Tranglo - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple Sells Stakes in Bitstamp and Tranglo - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Leading the cryptocurrency payments scene, Ripple made news for selling its Bitstamp and Tranglo interests, as recorded on Crunchbase. The decision by Ripple might have been influenced by Robinhood&#8217;s recent $200 million acquisition of Bitstamp. This differs from Ripple&#8217;s past approach since it bought Bitstamp to increase its global presence outside of conventional payment methods.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-17T14:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-17T07:24:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/\",\"name\":\"Ripple Sells Stakes in Bitstamp and Tranglo - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp\",\"datePublished\":\"2024-07-17T14:00:24+00:00\",\"dateModified\":\"2024-07-17T07:24:34+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp\",\"width\":1200,\"height\":800,\"caption\":\"Ripple\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ripple Sells Stakes in Bitstamp and Tranglo\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ripple Sells Stakes in Bitstamp and Tranglo - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/","og_locale":"en_US","og_type":"article","og_title":"Ripple Sells Stakes in Bitstamp and Tranglo - Coin Engineer","og_description":"Leading the cryptocurrency payments scene, Ripple made news for selling its Bitstamp and Tranglo interests, as recorded on Crunchbase. The decision by Ripple might have been influenced by Robinhood&#8217;s recent $200 million acquisition of Bitstamp. This differs from Ripple&#8217;s past approach since it bought Bitstamp to increase its global presence outside of conventional payment methods.","og_url":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/","og_site_name":"Coin Engineer","article_published_time":"2024-07-17T14:00:24+00:00","article_modified_time":"2024-07-17T07:24:34+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp","type":"image\/webp"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/","url":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/","name":"Ripple Sells Stakes in Bitstamp and Tranglo - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp","datePublished":"2024-07-17T14:00:24+00:00","dateModified":"2024-07-17T07:24:34+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/ripple-revolutionne-la-tokenisation.webp","width":1200,"height":800,"caption":"Ripple"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/ripple-sells-stakes-in-bitstamp-and-tranglo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Ripple Sells Stakes in Bitstamp and Tranglo"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/25191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=25191"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/25191\/revisions"}],"predecessor-version":[{"id":25192,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/25191\/revisions\/25192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/22818"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=25191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=25191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=25191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}