Ripple Labs is committed to a simple, global, and open currency and payment system. The team developed the Ripple protocol and its distributed payment network, and now works to support and promote its growth.
As a decentralized and open source global payment network, Ripple enables free and instant payments to merchants, consumers and developers with no chargebacks and in any currency - including dollars, yen, euros, and even Bitcoin. The goal is to make Ripple the best way for people to send money to anyone, anywhere.
*Based on Preferred Stock Price, Ripple Labs does not have a stock symbol since it is currently private and is yet to have an IPO.
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