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- Ripple raised $500M at a $40B valuation led by Fortress and Citadel.
- Funds will grow its payments, stablecoin, and institutional services.
- Ripple aims to lead in global blockchain finance with 75 regulatory licenses.
Blockchain firm Ripple has secured $500 million in fresh equity funding, valuing the company at $40 billion. The round was led by Fortress Investment Group and Citadel Securities, with participation from Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace — a major signal of institutional confidence in Ripple’s growing influence in digital finance.
Ripple’s Expanding Vision Beyond Payments
Founded in 2012 to make global payments faster and cheaper, Ripple has evolved into a diversified blockchain company offering stablecoin, custody, and institutional brokerage services. CEO Brad Garlinghouse said the funding will help scale Ripple’s operations, enhance new blockchain products, and strengthen global partnerships.
Ripple’s payment network — Ripple Payments — now processes over $95 billion in annual transactions. Its stablecoin RLUSD, launched less than a year ago, recently crossed $1 billion in market capitalization, showing rapid adoption among institutional clients. RLUSD is also used as collateral in Ripple Prime, the firm’s brokerage platform for professional investors.
Strategic Acquisitions Fuel Growth
Over the past two years, Ripple has acquired six firms, including Metaco (custody services), Rail (stablecoin infrastructure), and GTreasury (treasury management). These acquisitions have allowed Ripple to expand from a payments provider into a full financial services ecosystem, offering end-to-end blockchain-based financial tools.
Garlinghouse emphasized that Ripple’s expansion is backed by strong regulatory footing, with 75 licenses secured across global markets — positioning the firm to operate seamlessly amid growing regulatory scrutiny in the crypto space.
Also Read: Corporate Treasuries Eye XRP for FX Hedging — Analysts Predict Price Surge to $25–$120
Riding the Global Stablecoin Wave
Ripple’s renewed focus on stablecoins mirrors a global shift in digital assets. The U.S. recently passed the GENIUS Act, while Europe’s MiCA framework and similar regulations in Japan and South Korea have set the stage for a regulated $1 trillion stablecoin market by 2030, according to reports from Keyrock and Bitso.
With this funding and momentum, Ripple appears poised to cement its place as a leading player bridging traditional finance and blockchain-based payments.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
