Brad Garlinghouse, Ripple’s CEO, believes that Ripple’s transactions will increase over 600% next year. Garlinghouse revealed this in a statement after the announcement of a series C funding, where $200 million was raised by the company.

In an interview with Fortune, Garlinghouse revealed that, the company has over 300 customers around the world. He expects a very massive growth of the company in the coming year.

The $200 million raised in the series C funding has raised the company’s net worth to about $10 billion. Rote 66 Ventures, Tetragon and SBI Holdings were the key players who madethe series C investment a success.

Garlinghouse also talked about their partnership with MoneyGram, claiming that it has been quite fruitful for both parties. The CEO of MoneyGram recently mentioned that, they are hoping to expand the use of XRP to many more corridors in the near future.

Garlinghouse also shared his views about the current lawsuit against Ripple. He said they don’t believe XRP is security as it would continue to trade even if the company is shut down.



Featured Image Courtesy of Shutterstock