Cryptos Ripple Says Has Exposure to Failed Silicon Valley Bank (SVB, XRP)

Ripple Labs, the company associated with the popular XRP cryptocurrency, has some of its funds in Silicon Valley Bank, Chief Executive Officer Brad Garlinghouse said in a tweet Sunday.

The company expects “NO disruption in our day-today business,” and already held a majority of its cash in a network of banks, Garlinghouse said.

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