Ripple invests $30 mln in MoneyGram

MoneyGram International Inc said June 17 that Ripple has invested $30 million in the company. The deal called for Ripple to buy common stock from MoneyGram at $4.10 per share. Ripple may also buy common stock or warrants up to $20 million at a minimum price of $4.10 per share. MoneyGram is a money transfer company.

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