Ripple Labs is launching a major fundraising drive worth at least $1 billion to build a new digital asset treasury focused on accumulating XRP. The funds will be raised through a SPAC deal, with Ripple also adding some of its own XRP holdings to the treasury. This move aims to strengthen Ripple’s control over XRP liquidity and expand its influence in the growing digital asset ecosystem.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Story Highlights The live price of the Kaspa token is Kaspa could reach a maximum…
Gold has taken center stage in 2025. Spot prices recently climbed above $4,300 an ounce…
Ever since the Bitcoin price rejected from the resistance above $116,000, the bears seem to…
Momentum drives short-term crypto investment where traders seek tokens that combine working products with price…
Overall Rating (2025): ★ 4.4 / 5 Founded in 2015, Changelly is an instant crypto…
After the long anticipation for two years, Binance officially entered South Korea with its acquisition…