Ripple, the renowned cryptocurrency payment company, recently announced its recognition in the prestigious Top 100 Bay Area Corporate Philanthropy list by the San Francisco Business Times. In addition to this honor, Ripple also received the esteemed “Beyond the Check” award for its partnerships with notable nonprofit organizations, including the prominent Eat.Learn.Play. Foundation.
The San Francisco Business Times tweeted about Ripple’s accomplishment, specifically highlighting the company’s significant collaboration with Eat.Learn.Play. This nonprofit organization, founded by basketball player Steph Curry and his wife, Ayesha, has been actively working to improve the lives of disadvantaged children in the East Bay region for the past four years. Eat.Learn.Play. has focused on setting up play areas and providing books to these children, as well as distributing 15 million meals to needy families during the initial phases of the 2019 pandemic.
Ripple played a crucial role in supporting Eat.Learn.Play.’s efforts, not only through a substantial financial contribution of $1 million towards the organization’s meal program during the pandemic but also through the active participation of its staff in various initiatives organized by Eat.Learn.Play. The CEO of Eat.Learn.Play., Chris Helfrich, expressed gratitude for Ripple’s substantial contributions, noting that they have been a valuable partner since the beginning and have played an instrumental role in helping the organization make a positive impact.
Ripple and Eat.Learn.Play. share a common goal of providing holistic assistance to underprivileged children in Oakland, with a focus on education, nutrition, and recreational engagement. The foundation has directed over $4 million towards literacy programs and distributed around 500,000 books to children in Oakland. They have also made enhancements to schoolyards, public basketball courts, and organized summer camps to promote physical activity among the youth. Ripple sees this collaboration as an opportunity to create a lasting positive impact on communities in the Bay Area.
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In another significant development, Ripple has joined the International Swaps and Derivatives Association (ISDA), a prestigious trade association representing the derivatives market valued at a staggering $1.2 quadrillion. With this move, Ripple positions itself alongside industry leaders such as J.P. Morgan, Goldman Sachs, and BNY Mellon, solidifying its position within traditional financial systems. This membership category specifically caters to technology providers and exchanges that are integral to the derivatives ecosystem. By joining ISDA, Ripple demonstrates its ambitious aspirations and showcases its potential for future growth.
The recognition of Ripple in the Top 100 Bay Area Corporate Philanthropy list and its membership in ISDA highlight the company’s commitment to making a positive impact on both local communities and the global financial industry. Through its partnerships with notable nonprofits like Eat.Learn.Play., Ripple is not only contributing financially but also actively participating in initiatives that create meaningful change. As Ripple continues to expand its presence within the industry and forge connections with major players, it is positioning itself as a leader in the cryptocurrency community and showcasing its potential for continued growth and success.
