{"id":58468,"date":"2018-01-11T19:40:56","date_gmt":"2018-01-11T19:40:56","guid":{"rendered":"http:\/\/www.bnreport.com\/moneygram-says-its-going-to-use-ripple-and-now-shares-are-up\/"},"modified":"2018-01-11T19:41:27","modified_gmt":"2018-01-11T19:41:27","slug":"moneygram-says-its-going-to-use-ripple-and-now-shares-are-up","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/moneygram-says-its-going-to-use-ripple-and-now-shares-are-up\/","title":{"rendered":"MoneyGram says it’s going to use Ripple and now shares are up"},"content":{"rendered":"

MoneyGram's the latest company to get a share price boost from cryptocurrencies.<\/p>\n

Shares of the firm were up around 15 per cent pre-market in New York after it said it will pilot Ripple for payments.<\/p>\n

Ripple is a cryptocurrency (XRP) issued by a blockchain startup of the same name and has enjoyed an astonishing rise in 2018 following in the footsteps of bitcoin.<\/p>\n

\u201cWe are excited about this pilot and a long-term strategic partnership with MoneyGram. By using a digital asset like XRP that settles in three seconds or less, they can now move money as quickly as information, " said Ripple boss Brad Garlinghouse.<\/p>\n

Several firms have landed a boost to their share price as a result of cryptocurrencies and blockchain technology.<\/p>\n

Kodak said it would create its own \u2013 KodakCoin \u2013 sending shares jumping more than 40 per cent.<\/p>\n

Others have added crypto related words to their names, with promises of getting into the technology. Share in US firm Long Island Iced Tea shot up as much as 500 per cent when it became Long Blockchain.<\/p>\n

More follows\u2026<\/em><\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
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\n <\/p>\n

CityAM<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

MoneyGram's the latest company to get a share price boo..<\/p>\n","protected":false},"author":1,"featured_media":58469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-58468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nMoneyGram says it's going to use Ripple and now shares are up - Business News Report<\/title>\n<meta name=\"description\" content=\"MoneyGram's the latest company to get a share price boo..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/moneygram-says-its-going-to-use-ripple-and-now-shares-are-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MoneyGram says it's going to use Ripple and now shares are up - 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