Compass Investments

Crypto vs. Dollar

📌 Ripple Pursues $1B XRP Accumulation Vehicle Despite Market Headwinds – SPAC structure targets billion-dollar raise for fifth-largest cryptocurrency as treasury model faces growing scrutiny

Ripple is advancing plans for a $1B XRP accumulation vehicle despite facing market challenges. Utilizing a SPAC structure, Ripple aims to bolster its treasury model amid increasing scrutiny, targeting a billion-dollar raise for the fifth-largest cryptocurrency. This strategic move underscores Ripples commitment to strengthening its market position. #CryptoStrategy. Ripple

$XRP

Ripple is advancing plans for a $1B XRP accumulation vehicle despite facing market challenges. Utilizing a SPAC structure, Ripple aims to bolster its treasury model amid increasing scrutiny, targeting a billion-dollar raise for the fifth-largest cryptocurrency. This strategic move underscores Ripple’s commitment to strengthening its market position. #CryptoStrategy

Bitcoin

Bitcoin

$101,870.24

BTC 1.11%

Ethereum

Ethereum

$3,400.02

ETH 3.18%

Binance Coin

Binance Coin

$996.98

BNB 5.53%

XRP

XRP

$2.27

XRP 2.67%

Dogecoin

Dogecoin

$0.18

DOGE 4.11%

Cardano

Cardano

$0.56

ADA 3.66%

Solana

Solana

$157.52

SOL 1.41%