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Crypto Institutionalization: Ripple secures a round of US$500 million and reaches a valuation of ~UThe company Ripple announced a strategic investment round of US$500 million, led by high-profile firms such as Citadel Securities and Fortress Investment Group, which raises its approximate valuation to US$40 billion. CoinMarketCap+4Reuters+4Financial Times+4
🔍 What is behind the announcement?
Ripple has closed this round of US$500 million to strengthen its 'institutional' path, expanding its products beyond the simple idea of crypto payments. The Block
With this action, institutional firms are betting on crypto infrastructure —custody services, stablecoins, brokerage for institutions— not just to 'buy and sell tokens'. Coin Edition+1
Crypto Institutionalization: Ripple secures a round of US$500 million and reaches a valuation of ~U
The company Ripple announced a strategic investment round of US$500 million, led by high-profile firms such as Citadel Securities and Fortress Investment Group, which raises its approximate valuation to US$40 billion. CoinMarketCap+4Reuters+4Financial Times+4
🔍 What is behind the announcement?
Ripple has closed this round of US$500 million to strengthen its 'institutional' path, expanding its products beyond the simple idea of crypto payments. The Block
With this action, institutional firms are betting on crypto infrastructure —custody services, stablecoins, brokerage for institutions— not just to 'buy and sell tokens'. Coin Edition+1
🔍 What is behind the announcement?
Ripple has closed this round of US$500 million to strengthen its 'institutional' path, expanding its products beyond the simple idea of crypto payments. The Block
With this action, institutional firms are betting on crypto infrastructure —custody services, stablecoins, brokerage for institutions— not just to 'buy and sell tokens'. Coin Edition+1
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