Ripple Labs Announces New $1 Billion XRP Move! "It Will Be the Biggest One Yet!"

Ripple Labs will lead a fundraising effort of at least $1 billion aimed at establishing a new digital asset treasury to accumulate XRP, Bloomberg ￰0￱ to Bloomberg, citing sources familiar with the matter, the fundraising will be carried out through a special purpose acquisition company (SPAC), and Ripple will transfer its XRP assets to this ￰1￱ has not made an official statement on the ￰2￱ report stated that the transaction terms are still under ￰3￱ the fundraising, which targets at least $1 billion, is successfully completed, it will create the largest XRP-based Digital Asset Treasury to ￰4￱ Bitcoin and Ethereum are expected to dominate the cryptocurrency market in 2025, particularly regarding institutional adoption and DATs, XRP has seen significantly less interest as a base asset for DATs.

However, this move is expected to boost interest in ￰5￱ currently holds 4.74 billion XRP (about $11 billion) in its wallets, with an additional 35.9 billion XRP held in an escrow account that is scheduled to be released ￰6￱ the sharp declines, Ripple continues its aggressive market moves, announcing on the same day that it will acquire corporate treasury management software provider GTreasury for $1 ￰7￱ company described the acquisition as a strategic move to help corporate treasury managers access digital assets like tokenized deposits and ￰8￱ ranks fifth among global cryptocurrencies with a market capitalization of $138.9 ￰9￱ the time of writing, XRP is trading around $2.31, down 4.4% in the last 24 hours. *This is not investment ￰10￱ Reading: Ripple Labs Announces New $1 Billion XRP Move!

"It Will Be the Biggest One Yet!"