Ripple Labs
| Company type | Private |
|---|---|
| Industry | Computer software |
| Founded | 2012 |
| Founders | Chris Larsen Jed McCaleb |
| Headquarters | San Francisco, California , United States |
Number of locations | 50 countries |
Area served | Worldwide |
Key people | Alan Safahi (Advisory Board) David Schwartz (Chief Cryptographer and Chief Technology Officer) Ken Kurson (Advisory Board) Brad Garlinghouse (Chief Executive Officer) Monica Long (President) |
| Products | Ripple Payment and Exchange Network |
Number of employees | 1,120 (2023) |
| Website | ripple |
Ripple (formerly OpenCoin, then Ripple Labs, Inc.,) is an American technology company which offers enterprise blockchain products on the XRP Ledger and other networks. Originally named OpenCoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco, California.
The firm has been investigated by the U.S. Securities and Exchange Commission (SEC) for various violations. The company has made substantial political donations to Donald Trump and entered into partnerships with Trump's businesses. During the second Donald Trump administration, the SEC softened its regulation of the company.