Bloomberg: Ripple completes $500 million share sale, investors receive special protection terms.

According to Foresight News , citing Bloomberg, Ripple completed a $500 million share sale in November, setting a new record for a privately held digital asset company with a valuation of $40 billion. Wall Street firms such as Citadel Securities and Fortress Investment Group participated in the investment. Notably, the transaction included special safeguards allowing investors to sell their shares back to Ripple with a guaranteed return and receive priority treatment in the event of significant events such as bankruptcy or acquisition of the company.