Ripple Launches $1 Billion Fund to Build XRP Treasury

The post Ripple Launches $1 Billion Fund to Build XRP Treasury appeared first on Coinpedia Fintech News

Ripple Labs is launching a major fundraising drive worth at least $1 billion to build a new digital asset treasury focused on accumulating XRP. The funds will be raised through a SPAC deal, with Ripple also adding some of its own XRP holdings to the treasury. This move aims to strengthen Ripple’s control over XRP liquidity and expand its influence in the growing digital asset ecosystem.