Ripple completes $500 million fundraising, raising valuation to $40 billion

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Ripple
Ripple

On November 5, according to CNBC, digital asset technology and blockchain infrastructure company Ripple officially announced the completion of a $500 million Capital raising round, thereby raising the company's valuation to $40 billion. This is XEM one of the largest Capital raising deals in the cryptocurrency sector this year, marking an important turning point in Ripple's strategy to expand and diversify its products.

In this round of Capital , Ripple received strong support from a series of leading investment funds in the world such as Galaxy Digital, Pantera Capital, Citadel Securities, Brevan Howard, Marshall Wace, and affiliates of Fortress Investment Group. The new Capital not only strengthens the company's financial capacity but also helps Ripple continue to expand its ecosystem, from cross-border payment services to many other areas such as asset Tokenize , custody services and blockchain infrastructure for businesses.

New Political Landscape Paves the Way for Ripple and the US Crypto Industry

Industry experts say the US regulatory and investment environment has become more friendly to the digital asset sector since President Donald Trump was re-elected in late 2024. The Trump administration has shown a more open stance towards cryptocurrency companies and has supported the development of a clear legal framework for stablecoins and digital assets.

In particular, the passage of the landmark stablecoin bill known as the “GENIUS” has given a huge boost to companies like Ripple. The law standardizes how stablecoin issuers and regulators operate in the US, creating a more transparent competitive environment and opening up new growth opportunities for blockchain technology businesses.

Ripple and XRP: a strategic alliance for the future of digital finance

Ripple is closely associated with the XRP cryptocurrency, which is designed to facilitate fast and low-cost transactions between banks, financial institutions and businesses. Although XRP has had a difficult time facing legal challenges in the past, investor confidence has gradually been restored after several recent favorable rulings.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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