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Ripple co-founder donates XRP worth $25 million to San Francisco State University

Ripple co-founder donates XRP worth $25 million to San Francisco State University

The co-founder of Ripple has made a significant donation to a campaign currently being run by San Francisco State University. Chris Larsen pledged XRP worth around $25 million. 
The university campaign, known as BOLD Thinking, is aiming to raise a total of $150 million to put towards major investments in programs, initiatives and infrastructure. The XRP should go some way towards helping it achieve its goal, which is currently 91 percent done.
Larsen, who co-founded Ripple back in 2012, is an alumnus of the university, and he attended a university celebration with his wife Lyna Lam, several of whose family members also attended. His contribution is believed to be the largest gift ever made in a digital asset to a university in the U.S. In honor of it, the institution plans to name the University’s College of Business the Lam Family College of Business, pending approval from the California State University Board of Trustees is believed to be the largest gift ever made in a digital asset to a university in the U.S
According to University President Leslie E. Wong, "This groundbreaking gift will position the College of Business as an evolving, distinctly diverse and industry-relevant epicenter of business innovation and entrepreneurship. Chris, Lyna and Rippleworks are innovators, and their gift will inspire our students to creatively and strategically approach the business and tech landscapes to become the next generation of entrepreneurs and global business leaders."

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