Ripple-Tied Treasury Firm to Raise Over $1 Billion to Go Public

BloombergMonday, October 20, 2025 at 4:34:46 PM
Ripple-Tied Treasury Firm to Raise Over $1 Billion to Go Public
A company focused on holding XRP, the cryptocurrency linked to the Ripple payment network, is preparing to go public through a blank-check company, aiming to raise over $1 billion. This move is significant as it highlights the growing acceptance and integration of cryptocurrencies in mainstream finance, potentially paving the way for more companies in the sector to follow suit.
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