Tag: XRP

Ripple Raises $500M at $40B Valuation, but Did the Deal Involve a Sale of Discounted XRP?

By Marco Piccolo Key highlights: Ripple secures $500 million in funding, bringing its valuation to $40 billion Investment round led by major Wall Street firms including Citadel Securities and Fortress Investment Group Funds to bolster Ripple’s institutional services, including stablecoins, prime brokerage, and corporate treasury A report from Unchained suggests the deal could have involved […]