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Ripple Named Among Top Corporate Philanthropists in Bay Area

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Fri, 29/07/2022 - 20:52
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Ripple Named Among Top Corporate Philanthropists in Bay Area
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Ripple, a popular blockchain company, has been recognized as the third most generous philanthropist in the San Francisco Bay Area by the San Francisco Business Times.

Last year, the company’s cash contribution to Bay Area charities topped $54 million.

Ripple has made the top five together with defense giant Lockheed Martin, and technology conglomerate corporation Cisco.

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The Sobrato Organization, the Mountain View-based real estate investment company, is in first place with more than $92 million worth of contributions.

As reported by U.Today, Ripple partnered with San Francisco-based non-profit Tipping Pont to improve economic mobility in the region. Back in 2018, it also pledged $25 million to financial inclusion initiatives.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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