Ripple announced a $500 million investment from
institutional investors led by Fortress Investment Group, Citadel Securities,
Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The deal
values the company at $40 billion, matching its previous $1 billion tender
offer earlier this year.
Digital
assets meet tradfi in London at the fmls25
The investment follows what Ripple described as its
strongest year, marking continued backing for its expansion across payments,
custody, and stablecoins. In the past two years, the company has completed six
acquisitions, including two worth over $1 billion.
In April, Ripple
bought prime broker Hidden Road for $1.25 billion. The company said this
made it the first crypto firm to own and operate a global, multi-asset prime
broker. Ripple stated that the acquisition broadened its reach into prime
brokerage and treasury management.
Ripple Expands Beyond Payments and Custody
Ripple has also been repurchasing its shares, buying back
over a quarter of its outstanding stock in recent years. The company said it
aims to provide liquidity for shareholders and employees while attracting
institutional investors.
“The investment reflects both Ripple’s momentum and
validation of the market opportunity we’re pursuing,” said CEO Brad
Garlinghouse. He added that Ripple began with payments in 2012 and has since
expanded into custody, stablecoins, and prime brokerage.
Cross-Border Transactions Exceed $95 Billion
Earlier this year, Ripple acquired Rail, a stablecoin
infrastructure provider, to strengthen its Ripple Payments platform. The firm
said its system now supports full-service cross-border payments using its
stablecoin, Ripple USD, and XRP.
Ripple holds 75 regulatory licenses,
allowing it to move funds globally and manage liquidity directly for clients.
The company reported more than $95 billion in total payment volumes.
Swell 2025: We have closed a $500 million strategic investment at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities: https://t.co/orsBjdkWbE→ $95B+ in total Ripple Payments payment volume→ $1B+ $RLUSD stablecoin market cap→ 6 strategic…
— Ripple (@Ripple) November 5, 2025
Ripple, Mastercard, and Gemini Collaborates
Meanwhile, in a move that could reshape how banks and card
networks handle payments, Ripple has reportedly joined forces with Mastercard, WebBank,
and Gemini to pilot stablecoin-based settlements using Ripple’s RLUSD token on
the XRP Ledger.
The partnership aims to integrate blockchain efficiency into
traditional fiat transactions, marking a major step in bringing digital assets
into real-world payment systems.
Announced at Ripple Swell 2025 in New York, the initiative
will use RLUSD—a stablecoin issued on the XRP Ledger—to streamline settlement
processes between Mastercard and WebBank, the bank behind the Gemini Credit
Card. The project stands out as one of the first times a regulated U.S. bank
will test traditional card settlements using a stablecoin on a public
blockchain.
RLUSD Stablecoin Hits $1 Billion Market
In October, Ripple acquired GTreasury, a treasury management
platform that handles trillions of dollars for corporate clients. The company
said the deal was driven by growing institutional use of stablecoins for
payments and collateral.
Ripple’s RLUSD stablecoin reached a $1 billion market
capitalization within a year of launch. The asset is already used as collateral
on Ripple Prime, formed through the Hidden Road acquisition. Since then, client
collateral has doubled, average daily transactions have surpassed 60 million,
and the business has tripled in size.
Ripple Prime is now expanding into
collateralized lending for XRP and supporting a broader base of institutions
trading XRP-related products.
This article was written by Tareq Sikder at www.financemagnates.com.
Source link
