Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming.
According to records from the Wyoming Secretary of State, Ripple Markets WY LLC’s status as a local business islistedas "active" after an initial filing in February 2020. As a limited liability company in Wyoming, Ripple’s registered agent will be based in Cheyenne.
“More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws,”saidCaitlin Long on Twitter.