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Ripple Secures $500M Strategic Investment at $40B Valuation 💰



Ripple ($XRP) has closed a $500 million strategic funding round co-led by Fortress Investment Group and Citadel Securities, with participation from Pantera Capital, Galaxy Digital, and other major institutions. The investment values the company at $40 billion.

This funding follows Ripple's recent $1 billion tender offer at the same valuation, reflecting continued institutional confidence in the company's growth trajectory. The capital will support Ripple's expanding product suite across payments, custody, stablecoins ($RLUSD), and prime brokerage services.

Ripple ($XRP) has completed six acquisitions in the past two years, including two valued over $1 billion, while its Ripple Payments platform has processed over $95 billion in transaction volume to date.

#Ripple #XRP #Funding #Investment #Crypto $XRP
XRP2.62%
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