Wall Street piles in: How Ripple’s quiet pivot led to a $40B valuation
PositiveCryptocurrency

- Ripple has successfully raised $500 million, reflecting a strategic pivot following its legal battles with the SEC, which has led to a significant valuation of $40 billion as Wall Street shows renewed interest in the company.
- This capital influx indicates that Ripple's efforts to stabilize its business model and enhance investor confidence are yielding positive results, particularly as the company navigates a challenging regulatory landscape.
- The development highlights a broader trend of institutional interest in cryptocurrency, as Ripple's initiatives, including the launch of its RLUSD stablecoin and strategic acquisitions, position it as a key player in the evolving financial ecosystem.
— via World Pulse Now AI Editorial System







