Ripple's Hidden History: A Canadian Birthplace
Ripple's Canadian roots run deep, dating back to its founding in Vancouver in 2004 as RipplePay by Ryan Fugger.
The company later underwent several changes of hands before becoming the Ripple known today.
Canada is emerging as a significant jurisdiction for XRP, with its largest banks exploring tokenized digital deposit infrastructure.
The Ontario Securities Commission approved two spot XRP ETFs in June 2025, making Canada the first in North America to offer these products to retail and institutional investors.