Ripple Secures $500M, Boosts Institutional Crypto Adoption
Update: 2025-11-05
Description
Ripple secures $500M in new funding, led by Fortress Investment Group and Citadel Securities, valuing the company at $40B. The funding will support expansion into custody, stablecoins, prime brokerage, and corporate treasury solutions. Ripple USD stablecoins gain traction for treasury payments and collateral management, driven by regulatory frameworks like the GENIUS Act. Ripple plans to further integrate XRP into capital markets, aligning with a more crypto-friendly administration.
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