Ripple Labs Leading $1 Billion Raise for Digital Asset

📌 Ripple Labs Leading $1 Billion Raise for Digital Asset Treasury Focused on Accumulating XRP – The money will be raised through a special purpose acquisition company (SPAC), Bloomberg reported, citing people familiar with the matter.

Ripple Labs is spearheading a $1 billion fundraising initiative for a digital asset treasury, focusing on accumulating XRP. Ripple

$XRP

Ripple Labs is spearheading a $1 billion fundraising initiative for a digital asset treasury, focusing on accumulating XRP. Bloomberg reports the funds will be raised via a special purpose acquisition company (SPAC), according to sources familiar with the matter. This move underscores Ripple’s strategic push to bolster its position in the #cryptocurrency market, aiming to leverage #XRP’s potential for future growth. Investors are watching closely as this significant development unfolds.

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