September 29, 2021, Brazil. In this photo illustration the Ripple (XRP) logo seen displayed on a smartphone
- Ripple lauds its recognition in the Top 100 Bay Area Corporate Philanthropy list by San Francisco Business Times.
- Ripple joins International Swaps and Derivatives Association, aligning with industry leaders and showcasing growth potential.
In a recent social media post, Ripple expressed satisfaction at being recognized in the esteemed Top 100 Bay Area Corporate Philanthropy list by the San Francisco Business Times. The tweet also emphasized the company’s receipt of the esteemed “Beyond the Check” accolade, underscoring its meaningful partnerships with noteworthy nonprofit entities, including the prominent Eat.Learn.Play. Foundation.
We’re proud to be recognized in this year’s @SFBusinessTimes Top 100 Bay Area Corporate Philanthropy list and to receive the “Beyond the Check Award” for our partnerships with incredible nonprofits like @eatlearnplay! #RippleImpact https://t.co/C31O2c9hop
— Ripple (@Ripple) August 7, 2023
Ripple was acclaimed in a San Francisco Business Times tweet as a recipient in the “Beyond the Check – Community Health” division. The tweet spotlighted Ripple’s significant collaboration with Eat.Learn.Play., a nonprofit founded by basketball player Steph Curry and his wife, Ayesha. It accentuated the joint endeavors of Ripple and the nonprofit in aiding the youth of Oakland.
Ripple’s Collaboration with Eat.Learn.Play.
In the last four years, the Eat.Learn.Play. The Foundation, led by Steph and Ayesha Curry, has been actively setting up play areas and supplying books to disadvantaged children in the East Bay region. Particularly noteworthy, during the initial phases of the 2019 pandemic, the foundation played a critical role in distributing 15 million meals to needy families. Ripple, a notable cryptocurrency payment company, significantly contributed as a corporate associate during this period.
Apart from a significant contribution of $1 million to aid Eat.Learn.Play.’s meal program during the pandemic, Ripple showcased dedication beyond financial backing. Its staff enthusiastically volunteered their time and energy, actively participating in diverse initiatives organized by Eat.Learn.Play.
Chris Helfrich, Eat.Learn.Play.’s CEO recognized Ripple’s substantial contributions, stating:
“They’ve been with us pretty much from the start and have been a huge partner in helping us have the impact that we’ve been able to have.”
Ripple and Eat.Learn.Play. joined forces with a shared mission to offer holistic assistance to underprivileged children in Oakland. This multifaceted strategy encompasses education, nutrition, and recreational engagement.
The foundation’s commitment has translated into more than $4 million directed toward literacy programs and distributing around 500,000 books to youngsters in Oakland. Initiatives promoting physical activity encompass enhancements to schoolyards, public basketball courts, and summer camps.
Ripple sees this collaboration as a chance to create a lasting positive impact on communities in the Bay Area.
Jonathan Perri, Ripple’s Senior Manager of Global Social Impact, emphasized that these endeavors go beyond building playgrounds and courts. He pointed out that they offer young individuals advantages encompassing physical, mental, social, and intellectual growth—factors that research indicates play a crucial role in fostering long-term success.
Ripple Joins Trade Association
In a notable development, Ripple has become a member of the International Swaps and Derivatives Association (ISDA), positioning itself at the forefront of the vast derivatives market valued at an astounding $1.2 quadrillion.
BOOOOOOOOOOOOOOOOOOOM!!!!@Ripple has joined ISDA. It’s the DERIVATIVES market (1.2 Quadrillion) #XRP
• BlockRock
• Société Générale et al
• directors J.P. Morgan
• CME Group
• Citi
• Goldman Sachs
• BNY Mellon
• London Stock Exchange
• BofA1000+ Institutions are… pic.twitter.com/6yzSxfzhe4
— JackTheRippler ©️ (@RippleXrpie) August 5, 2023
This strategic move places Ripple in alignment with prominent leaders in the industry, such as J.P. Morgan, Goldman Sachs, and BNY Mellon, cementing its position within conventional financial systems.
This specific membership category caters to technological solutions providers and exchanges integral to the derivatives ecosystem. As a result, Ripple now shares an equal footing with major players and esteemed entities in the upper echelons of the cryptocurrency community. This action signifies Ripple’s ambitious aspirations and serves as an indicator of its potential for future growth.
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