Ripple Secures $500M Funding, Valued at $40B with Citadel and Fortress Investment
TL;DR Summary
Ripple has raised $500 million in funding, boosting its valuation to $40 billion, as it expands beyond payments into areas like stablecoins, custody, and treasury management, with strategic acquisitions and institutional investor interest, despite ongoing cryptocurrency market volatility.
- Fintech Ripple gets $40 billion valuation after $500 million funding CNBC
- Ripple Says Fortress, Citadel Securities Invest $500 Million Bloomberg.com
- Crypto firm Ripple raises $500 million in latest investment round Reuters
- Crypto titan Ripple scores $40B valuation after $500M fundraise MSN
- Citadel Securities and Fortress take stakes in Ripple at $40bn valuation Financial Times
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