Ripple Announces $500 Million Funding Round, Achieving $40 Billion Valuation
PositiveCryptocurrency

Ripple Announces $500 Million Funding Round, Achieving $40 Billion Valuation
Ripple has just secured a significant $500 million funding round, boosting its valuation to an impressive $40 billion. This investment comes from a group of prominent institutions, showcasing strong confidence in Ripple's future. CEO Brad Garlinghouse highlighted that this funding will support Ripple's strategic expansion, which is crucial as the blockchain payment industry continues to evolve. This development not only reinforces Ripple's position in the market but also signals a growing interest in blockchain technology from major financial players.
— via World Pulse Now AI Editorial System







