News > Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?
Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?
Dais Newsfeed | 12/04/2021 05:21 PM | Click to read full article
The equity of the company that builds the infrastructure around XRP - the digital asset used by networks like RippleNet to process cross-border payments - is reportedly trading at $2 to $3 billion in the secondary market.
Yet, the XRP holdings of Ripple, are reportedly worth $70 billion, which is many times higher than the valuation of the firm’s equity.
