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Ripple Plans $1 Billion XRP Treasury to Strengthen Market Position
CryptocurrencyRippleUpdated a day ago

Ripple Plans $1 Billion XRP Treasury to Strengthen Market Position

Ripple Labs is set to raise $1 billion to establish a digital asset treasury focused on acquiring XRP tokens. This ambitious initiative aims to enhance liquidity and stability in the cryptocurrency market, potentially leading to a rally in XRP's value. By leveraging a special purpose acquisition company (SPAC), Ripple seeks to solidify its influence in the digital currency landscape, showcasing confidence in the future of XRP and attracting more investors.

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