The price of XRP showed only a slight increase on Wednesday despite reports that Ripple had closed one of the largest deals of the year, elevating the company’s valuation to $40 billion. This fresh capital comes amid the company’s rapid expansion, highlighted by six major acquisitions in just over two years and its growing role in institutional finance.
Ripple confirmed it had raised $500 million in a strategic round co-led by Fortress Investment Group and Citadel Securities. Their participation underscores increasing institutional faith in blockchain infrastructure and the long-term viability of Ripple’s business model.
“The $500 million investment elevates Ripple to a $40 billion valuation, making it one of the most valuable private companies in the crypto industry.”
Both Fortress and Citadel—well-established players in traditional finance—joining the funding round demonstrate that the boundaries between traditional institutions and digital finance continue to blur.
Ripple has been demonstrating strong operational metrics. The company reported that its Ripple Payments network processed a total of $95 billion in transaction volume. In addition, Ripple has repurchased 25% of its shares and currently holds 75 regulatory licenses across the globe.
“This deal is among the largest single funding events in the crypto space and marks another step in the sector’s ongoing consolidation and maturation.”
Despite the scale of this accomplishment, XRP’s market response remained muted. However, the investment underscores Ripple’s growing importance in the evolving financial ecosystem and cements its role as a major player bridging traditional and decentralized markets.
Author’s summary: Ripple secured a $500M investment led by Fortress and Citadel, boosting its valuation to $40B and deepening institutional confidence in crypto infrastructure.