• Ripple (XRP)
    Ripple,  XRP

    Ripple bets big on micropayments with $260 million grant to Stefan Thomas’ Coil

    The 1 billion XRP grant former to its former CTO’s startup is intended to undercut the Web’s current advertising and subscription revenue model while expanding the use of XRP

    Ripple announced Thursday that it is giving its former CTO more than $260 million to change the way content is paid for on the Web. Ripple’s Xpring initiative to invest in companies building the XRP cryptocurrency ecosystem gave a 1 billion XRP grant to Coil, a micropayments company founded by former Ripple CTO Stefan Thomas.

  • Forte co-founder and COO, Kent Wakeford (Photo by Martine Paris).
    Innovators,  Ripple,  Technology

    Forte’s $100 million Ripple-backed fund draws top developers at GDC, says COO Wakeford in interview

    Why the future of gaming could lie in the cloud and on the blockchain

    Forte Labs, the latest venture from Kabam founder Kevin Chou and former Kabam COO Kent Wakeford, had an overwhelming response at the Game Developers Conference (GDC) in San Francisco this past week. This comes on the heels of announcing its brand new $100 million fund backed by Ripple that will enable traditional games to add key blockchain features.