Western Union keeps climbing after unconfirmed report it wants to use Ripple's XRP cryptocurrency for money transfers (WU)

markets.businessinsider.com | 1/8/2018 | Graham Rapier
Click For Photo: http://static1.businessinsider.com/image/5a53d8a33225de9b198b4e84-711/screen-shot-2018-01-08-at-34152-pm.png

Shares of Western Union continued to climb Monday, gaining 5%, after an unconfirmed report circulated on Friday saying the 167-year-old money-transfer company was planning to use Ripple’s XRP cryptocurrency.

Both companies officially declined to comment, but neither outright denied the possibility.

WU - % - Friday - Morning - Trading

WU is now up more than 11% since Friday morning, trading at $21.64 Monday afternoon.

Ripple on Friday hinted that more...
(Excerpt) Read more at: markets.businessinsider.com
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!