The firm says that it sold a sum of $169.42 million in XRP in the first three months of the year. About 2.30 billion XRP tokens were put back into new escrow accounts. The San Francisco-based blockchain startup Ripple has posted a 31% rise in the sale of XRP in the first quarter of 2019. The firm says that it sold a sum of $169.42 million in XRP in the first three months of the year in comparison to $129.03 million sold in the last quarter. The firm that focuses on developing cross-border payments systems reported $61.93 million in direct institutional sales of its XRP token representing a 54% increase from the previous quarter. The company’s programmatic sales went up from $88.88 million to $107.49 million representing a 21% rise. However, there were some setbacks in terms of the globally traded volume of XRP which thinned by about 2% to $53.85 billion in 2019’s Q1 in comparison to $54.82 billion in 2018 last quarter. If the year-over-year sales are considered, XRP sales corrected lower by 1.03% from $167.7 billion sold in the Q1 of 2019. The report also said that the company removed 3 billion XRP from the escrow accounts in Q1 2019 while about 2.30 billion XRP tokens were put back into new escrow accounts. “The remaining 700 million XRP not returned to an escrow are being used in a variety of ways to help support the XRP ecosystem.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD continues losing ground, falls to fresh multi-month lows ahead of US durable goods FX Street 4 years The firm says that it sold a sum of $169.42 million in XRP in the first three months of the year. About 2.30 billion XRP tokens were put back into new escrow accounts. The San Francisco-based blockchain startup Ripple has posted a 31% rise in the sale of XRP in the first quarter of 2019. The firm says that it sold a sum of $169.42 million in XRP in the first three months of the year in comparison to $129.03 million sold in the last quarter. The firm that focuses on developing cross-border payments systems reported $61.93 million in direct… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.