The San Francisco-based Ripple has been recognized as one of the fastest growing companies in America by Inc. Magazine.
The XRP-related company is ranked 2456th on the #Inc5000 list this year after growing by 236% in a year.
It is worth noting that the cryptocurrency lender BlockFi ranked first after recording a growth of 245,616% over the past year.
It was the fastest growing company in America in January before the arrival of Winter Crypto.
FTX recently reached a deal with BlockFi, which allowed it to acquire Jersey City, New Jersey for $240 million.
SnapNurse, based in Atlanta, Georgia, ranked second with 14,6319%.
While Lions, Illinois-based logistics company Cdl 1000, ranked third with 56,135%.
Among the fastest growing private companies in 2022:
Mansfield, Texas-based eTrueNorth healthcare services company and Orlando, Florida-based highKey snack food company.
Carrie is a North Carolina-based healthcare brand called Daphne, an Alaska-based blockchain company.
Boca Raton, Florida-based online furniture and decor store Homethreads
Lenexa, a Kansas-based nutritional supplement company.
Earlier this month, Ripple was also recognized as one of the best medium-sized workplaces by Fortune.
In July, Ripple was also included in the list of the most generous philanthropists in the San Francisco Bay Area.
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