Analysis: All XRP tokens belong to Ripple Labs, the company holds 80% of the shares, and the founder holds 20% of the shares. In 2017, 55 billion tokens were locked and sold until now.

Odaily Planet Daily News According to a reminder from 0xTodd, a partner of Wuwei Capital and a crypto KOL, on the X platform, Ripple Labs, the company behind Ripple, owned all 100 billion XRP tokens from the beginning. There is no mining, no IC0, no distribution, no token economy, and no 3,3 model in its token economic model. There is only a simple and crude "80% belongs to the company; 20% belongs to the founder". In 2017, the project locked up 55 billion XRPs and agreed to sell a maximum of 1 billion tokens per month, and has been selling coins ever since. The founder personally admitted: The company's annual profit is huge, and the source is selling coins.