Ripple has sold $15M of its stock in MoneyGram

Cointelegraph

Published Dec 04, 2020 06:20PM ET

Updated Dec 05, 2020 12:00AM ET

Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram.

Per a Friday night filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4, Ripple Labs managed to sell 2,264,113 shares of MoneyGram (MGI). The tech firm netted a total of $15,303,792.60 from the sales.

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