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Ripple’s $4.7M Stake Revealed: Linqto Holds the Bag While Denials Fly
Ripple’s $4.7M Stake Revealed: Linqto Holds the Bag While Denials Fly
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Ripple plays hot potato with 4.7 million shares—Linqto caught holding them, but the blockchain giant insists 'no direct sale' occurred. Cue Wall Street eye-rolls.
Who's holding the bag?
Linqto's disclosed stake reveals institutional appetite for crypto-adjacent plays—even as traditional finance bros still pretend blockchain is a 'fad.' Meanwhile, Ripple's PR team works overtime distancing themselves from what looks suspiciously like... well, a sale.
The takeaway? In crypto, ownership is fluid, denials are absolute, and someone's always left explaining to the SEC. Happy Independence Day indeed.
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