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Wow, I had no idea that billions of dollars were fed into ripple.

Do you have any links that delve into more details (such as who was behind the funding rounds)?

I was in error, I repeated this without confirming and looking at "market cap" pages led me to believe it was true.

He meant to say billions of ripple coins, surely.

That makes even less sense; they invested billions of ripple in venture capital into making... ripple?

This investment of billions of ripple gave value to... ripple?

sarcasm on my part ;)