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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says

Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says

Ripple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.”

  • Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple will become a public company. He replied that the likelihood is “very high at some point.”
  • Garlinghouse stressed that any initial public offering (IPO) plans would have to wait until Ripple resolves its lawsuit with the U.S. Securities and Exchange Commission (SEC). He further pointed out that the securities regulator will be the one approving Ripple’s public offering after all.
  • This was not the first time the media has reported about Ripple potentially going public. On an earnings call last month, the CEO of one of Ripple’s largest outside shareholders, SBI Holdings, said that Ripple planned to go public after the lawsuit was resolved. SBI’s CEO, Yoshitaka Kitao, reportedly said: “After the current lawsuit, Ripple will go public. The current CEO wants to do that. Chris wants to do that.”

  • The SEC filed a lawsuit against Ripple Labs, Garlinghouse, and co-founder Christian Larsen in December last year alleging that XRP was a $1.3 billion unregistered securities offering. Ripple argued that the XRP token is a commodity and therefore does not fall under the SEC’s purview.

What do you think about Ripple going public after the SEC lawsuit is resolved? Let us know in the comments section below.

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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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