Huge Investement to venture fund and Charity By RIPPLE(XRP)

Ripple, the blockchain-based parent company behind popular cryptocurrency XRP, announced that it would be investing 25 million USD worth
of XRP into Blockchain Capital Parallel IV, LP–the first fund of its kind to accept capital calls in digital assets. This is in addition to the 29 million USD
worth of XRP that Ripple donated last month to public schools in the United States.

Ripple’s investment is apart of a 150 million USD fund being managed by Blockchain Capital, with the purpose of investing entirely in the development, growth
and utilization of blockchain principles. By investing in start-ups, Ripple hopes to stimulates the market for crypto-based development using the
concept of blockchain.

Ripple Building a Name Through Investment and Charity.
Not only does Ripple offer high liquidity through its 100 billion coin supply,
But the currency has been hard at work through much of 2018 entwining itself with the industry of fintech and global money transfer. Ripple has already
partnered with three of the world’s top five money-transfer companies (MoneyGram and Western Union), to provide XRP-based transfers from
anywhere in the world. In addition, Ripple is currently the most adopted cryptocurrency by banks and financial services, with SBI Holdings in Japan and the
Saudi Central Bank being two of the larger names on the list.

The newly established fund under Blockchain Capital is looking to implement XRP and blockchain into sectors ranging as far as healthcare and identity
management.The medical field would benefit from the implementation of blockchain protocols (with Ripple’s ledger being well-adjusted
for the task) in order to better manage patient records, medication supplies and the general flow of hospital administration.