Private investment platform Linqto has applied for Chapter 11 bankruptcy protection in the Southern District Court of Texas, United States. The company holds approximately 4.7 million shares of Ripple's secondary market, with a potential valuation of $450 million, but Ripple has stated that it has no commercial relationship with it. According to court documents, Linqto holds over $500 million in private equity securities assets through its investment tool Liquidshares. The company had already closed its platform and terminated its source of revenue as early as March. （Cointelegraph） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45228