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Ripple Projects Nearly $900 Million Annual Product Revenue Run Rate

(1 hour ago) · 1 source · Summarized by CryptoBipto

Ripple has projected a product revenue run rate of nearly $900 million annually as the company continues its push into banking and financial services. The figure reflects Ripple's growing enterprise business beyond its association with the XRP cryptocurrency.

WHY IT MATTERS

A revenue run rate is a way companies estimate how much money they would earn in a full year based on how much they are earning right now.

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SOURCES

  • newsbtc.com

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