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Ripple Labs supported the efforts of the upcoming Asia-Pacific Economic Cooperation (APEC) meeting in San Francisco by donating $2 million.\u00a0<\/span><\/p>\n This is the largest single contribution, whereas the total amount attributed to the event has exceeded $11.4 million.<\/span><\/p>\n The approaching APEC CEO Summit (held in mid-November in San Francisco) has received generous donations from numerous organizations and individuals.\u00a0<\/span><\/p>\n Interestingly, the largest contributor is Ripple, whose $2 million handout\u00a0<\/span>accounted<\/span><\/a>\u00a0for about 18% of the total amount.<\/span><\/p>\n <\/a><\/p>\n APEC\u2019s fundraising goal is $20 million, as San Francisco is not allowed to employ public funds to stimulate reaching the milestone.\u00a0<\/span><\/p>\n Ripple is not the only prominent name in the contributors\u2019 list. The global leader in logistics real estate \u2013 Prologis, the cloud-based software company \u2013 Salesforce, and the payment card services corporation \u2013 Visa \u2013 donated $1 million each.<\/span><\/p>\n The world\u2019s largest search engine \u2013 Google \u2013 also participated, giving away $250,000, whereas Bank of America aided the efforts with $125,000.\u00a0<\/span><\/p>\n The APEC meeting will\u00a0<\/span>gather<\/span><\/a> 1,200 CEOs from across the globe and 600 media representatives, promising to be one of the biggest such events hosted in San Francisco in recent years.\u00a0<\/span><\/p>\n It will focus on trendy topics such as strengthening the global economy, digital trade, opportunities for small and medium-sized enterprises, environmental sustainability, climate change, and many others.<\/span><\/p>\n
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