11/06/2025
Ripple Completes $500 Million Funding Round, Led by Galaxy Digital. On November 5th, as reported by CNBC, the digital asset and infrastructure company Ripple stated on Wednesday that it had completed a financing round of $500 million, resulting in a valuation of the company at $40 billion. This financing round took place following a series of acquisitions by the company, and its product line is also expanding from a single payment to a broader range of services. Industry insiders hold the view that with Donald Trump being elected as the US President and the landmark stablecoin regulation GENIUS Act being passed, the US environment is becoming more conducive to crypto and digital asset companies. These companies are attempting to seize this opportunity to accelerate their development. Ripple has a close association with the cryptocurrency XRP. The company stated that this financing round was led by funds managed by the following institutions: Fortress Investment Group affiliates, Citadel Securities affiliates, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
