Tech company Ripple released their quarterly markets report on October 25th, noting that sales of their XRP token doubled between Q2 and Q3 of 2018.
Ripple reported sales of $163 million in XRP in Q3 along with increased volume as well as volatility. Sales came from Ripple as well as their subsidiary XRP II, LLC, a registered and licensed money service business. XRP II, LLC made 60% of Q3's sales to institutions.
At the time of this writing, XRP is up 0.79% on the day.
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