There's a big difference between Ripple and XRP that is often confused.

"Ripple is an enterprise software company," said Cory Johnson, Ripple's chief market strategist, in an interview with TheStreet. "XRP is a digital asset that trades on its own that's owned by lots of people in lots of places. We happen to own a lot of XRP - we own a lot of cash, chairs and computers - but the company is called Ripple and we sell software."

XRP prices are down over 70% since the start of the year. 

Watch our entire interview with Ripple's Cory Johnson on YouTube

More from Video

Tilray CEO: Surging Cannabis Industry Is a Threat to Food and Drug Players

Tilray CEO: Surging Cannabis Industry Is a Threat to Food and Drug Players

How This Former VC Player Became CEO of $2 Billion Cannabis Company Tilray

How This Former VC Player Became CEO of $2 Billion Cannabis Company Tilray

Lee Munson: Not Peak FANG Yet

Lee Munson: Not Peak FANG Yet

Even Standing Desk Company Varidesk Is Watching How the Trump Tariffs Play Out

Even Standing Desk Company Varidesk Is Watching How the Trump Tariffs Play Out

Jim Cramer on Bank of America, Tariffs and the Goldman Sachs CEO Change

Jim Cramer on Bank of America, Tariffs and the Goldman Sachs CEO Change