Global rankings: XRP’s wealthiest holders revealed
The landscape of XRP ownership is characterized by a concentration of holdings among a select group of entities, including project founders, executives, and centralized exchanges. These entities hold significant amounts of XRP, with some addresses holding hundreds of millions worth of XRP coins on behalf of their customers. Ripple and its founders also own a substantial amount of XRP. This article gathers top 10 richest XRP holders worldwide.
- Ripple: Ripple, the company behind XRP, and its founders hold a significant amount of XRP. Chris Larsen, the co-founder and former CEO, is one of the largest holders, with over 5 billion XRP. The current CEO, Brad Garlinghouse, also holds a substantial amount.
- Binance: Binance, one of the world’s largest cryptocurrency exchanges, holds a significant portion of XRP coins. The exchange holds 77.49% of the XRP supply on exchanges, with the top five addresses on Binance holding 162.9 million XRP, more than 58% of the overall supply on the exchanges.
- Kraken: Kraken, another prominent cryptocurrency exchange, is among the top XRP holders. The exchange holds a substantial amount of XRP coins on behalf of its customers.
- Uphold: Uphold, a digital money platform, is also a significant holder of XRP coins. The platform holds XRP coins worth hundreds of millions in several addresses on behalf of its customers.
- Bitbank: Bitbank, a cryptocurrency exchange based in Japan, holds a considerable amount of XRP coins, contributing to the top 10 richest XRP holders worldwide.
- Crypto.com: Crypto.com, a popular cryptocurrency platform, holds a significant portion of XRP coins on behalf of its users, contributing to the concentration of XRP holdings among a small number of entities.
- KuCoin: KuCoin, a global cryptocurrency exchange, is among the top XRP holders, holding a substantial amount of XRP coins on behalf of its customers.
- Bittrue: Bittrue, a digital asset exchange, holds a significant portion of XRP coins, contributing to the concentration of XRP holdings among a small number of entities.
- Upbit: Upbit is a South Korean cryptocurrency exchange that offers trading services for various cryptocurrencies, including XRP. Upbit has one address that ranks among the top 10 XRP holders, with 841.5 million XRP. This address is likely to store the XRP deposits of Upbit’s customers.
- Chris Larsen: Chris Larsen is the co-founder and executive chairman of Ripple. He is one of the richest people in the crypto space, with a net worth of over US$10 billion. He has several addresses that rank among the top 20 XRP holders, with a total of 2.7 billion XRP.