Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the ledger, the company announced in a blog post on Feb. 13.
Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time XRP community developer and one of the three XRPL Labs co-founders — is a “proven entrepreneur” who “has successfully grown his companies organically.” According to Pestritto, the company’s decision to invest in the startup was motivated by Wind’s creative approach and ability to engage developers.
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