
Ripple Secures $500 Million From Wall Street Giants
Financial technology firm Ripple has raised $500 million in a funding round led by Wall Street giants, pushing its valuation to an impressive $40 billion.
14 articles tagged

Financial technology firm Ripple has raised $500 million in a funding round led by Wall Street giants, pushing its valuation to an impressive $40 billion.

XRP's price has fallen to $2.16 after a key rejection at $2.70, prompting analysts to warn of further downside risk amid a wider crypto market sell-off.

Ripple Labs has launched Ripple Prime, a new prime brokerage service for U.S. institutional clients, coinciding with its RLUSD stablecoin surpassing $1 billion in market value.

Investment funds tracking XRP have surpassed $1 billion in assets, as the market anticipates a crucial SEC decision on spot ETFs expected between October and November.

Ripple launches a prime brokerage for institutional clients after acquiring Hidden Road, as 'Rich Dad Poor Dad' author Robert Kiyosaki urges individuals to buy Bitcoin and Ethereum.

Ripple co-founder Chris Larsen's recent $120 million XRP sale is not an exit, but a strategic move to fund Evernorth, a new company planning to buy over $1B in XRP.

Ripple-backed Evernorth is set to go public on Nasdaq via a SPAC merger, aiming to raise over $1 billion to acquire XRP for institutional use, bolstered by a $200M investment from SBI Holdings.

Ripple is leading a $1 billion fundraising effort for a new XRP digital asset treasury. Meanwhile, MegaETH repurchased investor stakes, Bitcoin ETFs saw large outflows, and FIFA's NFT platform faces a

The total cryptocurrency market capitalization fell to $3.64 trillion, its lowest since July, as Bitcoin's price dropped 5.6% to below $105,000.

Top U.S. financial regulators have proposed moving traditional markets to a 24/7 trading schedule to align with the digital asset space, part of a broader push for new crypto rules.

The digital asset industry is advancing with new developments in regulation, institutional finance, and real-world applications, signaling a push toward mainstream adoption.

Analysts suggest a potential spot XRP ETF approval in the US could trigger a significant price surge, though concerns about supply concentration remain a key issue.