Altcoin News

Media Industry: Ripple (XRP) At Ellen Degeneres Show With $4 Million Donation

Not the first time Ripple (XRP) will be donating huge amount into a noble course under charity, Ashton Kutcher and Ellen DeGeneres, a member of Ripple’s movement, at the famous American television comedy talk show, ‘The Ellen DeGeneres Show’ declared that they will be giving out $4 million into Ellen DeGeneres’ Wildlife Fund.

“We wanted to show you that people are thinking about you [Ellen], so, on behalf of Ripple, we’d like to give you $4 million,” Kutcher said.

At the show, the grade-A actor, Ashton Kutcher, who is also a co-founder of A-Grade Investments, an investor at BitPay, also has an investment worth $90 million in Airbnb, and $60 million investment in Uber.

The actor who is an avid lover of Cryptocurrency, together with Ellen DeGeneres at the show earlier today mentioned that they will be donating into the wildlife which is located at Rwanda.

Highlighting the fact that he has a stake in Ripple, the actor celebrated the proficiency of XRP.

While donating the fund, the venture capitalist, displayed the use case of Ripple in cross-border transaction at the show, using it to make instant transfer of the $4 million into Rwandan Francs.

“Now, usually people come out with a big giant check and do the ‘big giant cheque thing’, but we can transfer it into Rwandan Francs right now right here, and all you need to do is push this button,” Kutcher stated.

Ashton, relating his experience with Ellen, said they have been friends for years and she is fond of doing things away from self-interest but for the masses.

Ellen, in her own statement, disclosed her appreciation to the entire team of Ripple, stating that she has a great love for the cryptocurrency and she’s encouraging others to imitate the action.

Meanwhile, the latest donation isn’t the first of its kind for Ripple, the Cryptocurrency, in March announced the donation of $29 million towards the enhancement of educational sector in the US. The 29 million was disbursed in XRP to an NGO in USA that aims towards improving education sector in the country.

Ripple’s participation at the show may soon have another interpretation in the cryptocurrency space i.e. that the altcoin is eyeing media industry, coupled with the fact that it recently staged a show where the great musician Snoog Dog entertained people.

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Yusuff O.
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