Ripple raises $500m from Citadel and Fortress, boasts $40b valuation
PositiveCryptocurrency

Ripple raises $500m from Citadel and Fortress, boasts $40b valuation
Ripple has successfully raised $500 million in a significant investment round led by Citadel Securities and Fortress Investment Group, reflecting its impressive growth and a valuation of $40 billion. This funding will support Ripple's expanding range of financial products, positioning the company as a key player in the financial infrastructure sector. Such a substantial investment not only highlights investor confidence in Ripple's future but also underscores the increasing demand for innovative financial solutions.
— via World Pulse Now AI Editorial System







