Top 5 XRP Holders Shaping the Market: Who Holds the Most Power?
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Ripple Labs developed XRP, a digital asset. The big holders of XRP exercise massive influence in the market, and regulating this power is critical. The following are the five largest holders of XRP in percentage terms:
Ripple Labs: The Powerhouse Behind XRP
Ripple Labs, the firm that develops XRP, is also the largest shareholder in the token supply. Since Ripple Labs is these tokens' founder and leading software producer, the company holds most of the XRP supply in escrow and releases it periodically. This kind of issuance mechanism is referred to as managed issuance, and it helps limit the negative effects of oversupply.
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