Ripple Labs Reportedly Leading $1B Fundraise for XRP Treasury

Ripple Labs is reportedly leading an effort to raise at least $1 billion through a special purpose acquisition company (SPAC) to create a digital asset treasury (DAT) focused on accumulating XRP ￰0￱ is a sign that the recent market chaos has not deterred crypto giants from pursuing their business plans to the fullest, according to a report by Bloomberg on ￰1￱ will contribute some of its own XRP to the new DAT, according to Bloomberg’s anonymous ￰2￱ company directly holds 4.74 billion XRP worth about $11 billion, and there are almost 36 billion tokens held in escrow, which are scheduled to be released on a monthly ￰3￱ total, the fintech firm controls over 40% of the total XRP ￰4￱ leading effort to raise at least $1bil to accumulate xrp… New xrp-focused ￰5￱ @olgakharif ￰6￱ — Nate Geraci (@NateGeraci) October 17, 2025 DAT Momentum Still Strong Ripple separately announced a $1 billion acquisition of treasury software provider GTreasury to strengthen corporate finance relationships.

“Ripple is breaking into the $120T corporate treasury payments market,” said CEO Brad Garlinghouse. “Astounding amounts of cash are trapped in outdated payment systems, creating friction, unnecessary costs, and barriers to entering new markets,” he ￰7￱ DATs are pretty rare, with only sustainable-energy firm VivoPower International announcing a $121 million fundraising in May to pivot to investing in ￰8￱ and Ether DAT momentum has remained strong despite the recent market rout, with companies such as Tom Lee’s BitMine aggressively buying the ￰9￱ has made two Ether purchases since the weekend leverage flush, adding more than 300,000 ETH to its monster stash.

Meanwhile, Strategy acquired 220 BTC for around $27 million earlier this week, bringing its total to a whopping 640,250 BTC worth around $70 billion at current market ￰10￱ Price Reaction XRP markets did not react to the news, and the asset has declined 5% on the day in a fall to $2.27 at the time of ￰11￱ payment token fell to its lowest level since early July in late trading earlier today (excluding last Friday’s flash crash to under $1 on some exchanges). It’s now down by almost 40% since the peak marked in mid-July of $3.65.