XRP in the spotlight: latest news

Ripple, a company specializing in financial infrastructure and blockchain technology, has raised $500 million in new funding, bringing its valuation to $40 billion.

Ripple has successfully secured a $500 million investment from prominent Wall Street firms, significantly redefining the role of XRP within the financial infrastructure.

Data from CryptoQuant indicates that significant XRP holders are capitalizing on recent price rallies to sell their assets at increased values.

After a tumultuous week that saw more than $1 trillion wiped from the cryptocurrency market, indicators of recovery are starting to appear, with XRP's price leading the charge.

Ripple CEO Brad Garlinghouse is emphasizing a transformative year for the company, highlighted by significant growth, a strategic investment of $500 million, and increasing momentum for XRP.

Ripple's XRP has emerged as a leader in the recent cryptocurrency rebound, while Bitcoin exchange-traded funds (ETFs) are experiencing their second-worst outflow streak of the year. During the same timeframe, Ethereum funds saw losses approaching $1 billion, largely driven by BlackRock's ETHA. In contrast, Solana ETFs have consistently attracted inflows, achieving seven consecutive weeks of growth.

Ripple's XRP ETFs, XRPI and XRPR, are experiencing significant price surges as the approval from the SEC approaches. The price of XRPI is currently $13.12, while XRPR is at $18.47. Filings from Franklin Templeton, Bitwise, and Canary are expected on November 13-14.

XRP has lost its recent gains following Ripple's announcement of a $500 million investment. Additionally, Ripple is initiating a pilot program in collaboration with Mastercard, WebBank, and Gemini to investigate the potential for settling credit card transactions on the XRP Ledger.

Ripple, the blockchain company associated with XRP, has announced a strategic investment of $500 million. This move further solidifies its impressive growth trajectory for the year.

Analysts suggest that buying Ripple (XRP) for under $2 may soon be a possibility, as a significant correction in the cryptocurrency market has drastically affected XRP, wiping out nearly all of its gains from 2025.

Ripple's Chief Technology Officer, David Schwartz, has dispelled rumors suggesting that the company's substantial XRP holdings are responsible for suppressing the token's price. During a passionate discussion on X, he addressed these claims directly.

Ripple has successfully raised $500 million from associates of major Wall Street firms, including Citadel Securities and Fortress Investment Group, following a significant surge in the value of XRP, bringing the company's valuation to $40 billion.

Ripple has raised $500 million, but concerns persist regarding the company's business model and the profitability of its XRP Ledger. Some investors believe that Ripple's $40 billion valuation is primarily driven by its substantial holdings of XRP.

Ripple has made significant progress in transforming the landscape of blockchain finance by securing a strategic investment of $500 million, which values the company at $40 billion.

Ripple has teamed up with Mastercard, Gemini, and WebBank to enable the use of stablecoins in credit card transactions. This collaboration will introduce RLUSD-based payment options for consumers.

Ripple, in collaboration with Mastercard and Gemini, plans to initiate the onboarding and integration of RLUSD for credit card transactions, pending regulatory approval in the upcoming months.

Ripple has expanded its operations into various sectors, including cryptocurrency custody, prime brokerage services, and corporate treasury management, following a $500 million funding round that has raised its valuation to $40 billion.

Ripple announced on Wednesday that it has successfully raised $500 million in a strategic investment, bringing its valuation to $40 billion. This funding round was led by Fortress.

Ripple has announced a strategic investment of $500 million, led by Fortress and Citadel Securities, which values the company at $40 billion. This investment comes in the wake of Ripple's record growth and reflects strong interest from prominent institutional investors.

Ripple's XRP exchange-traded funds, XRPI (NASDAQ) and XRPR (BATS), are currently trading at $12.73 and $17.85, respectively. Meanwhile, the price of XRP-USD remains stable around $2.18 as momentum builds for ETF approvals.

Monica Long, President of Ripple, presented the company's future strategy at the Swell 2025 event in New York City. The conference gathered influential leaders from major banks and financial institutions, focusing on the next phase of the XRP Ledger, which includes the introduction of a lending protocol and the expansion of stablecoin offerings.

XRP continues to decline, approaching the $2.18 support level, following a significant liquidation of $1.33 billion in crypto assets over the past 24 hours. Meanwhile, Ripple has made a strategic acquisition of a digital asset wallet.

Ripple has announced a significant event for XRP holders taking place tomorrow in New York City. The occasion has generated excitement among the global finance, policy, and cryptocurrency sectors, with many eager to learn about the upcoming developments.

Ripple has strengthened its digital asset infrastructure by acquiring the custody firm Palisade, even as the price of XRP remains in a downward trend.

Ripple's recent acquisition has strategically placed the company at the center of the US financial market, enhancing its influence in the country and potentially impacting the price of XRP.