Ripple has secured $500 million in new funding at a $40 billion valuation after reporting its strongest year to date. The round was led by Fortress Investment Group and Citadel Securities. Other major investors also participated.
Ripple Expands on Surging Payments Volume and Stablecoin Use
The company stated in a media statement the investment reflects rising demand for its payments, custody, prime brokerage, and stablecoin services. The update follows Ripple’s recent $1 billion tender offer at the same valuation.
It also comes amid the company’s ongoing Swell 2025 event. The company said both events demonstrate sustained confidence in its long-term strategy.
Ripple highlighted the size of its payments business as a key driver of investor interest. Ripple Payments has now processed more than $95 billion in total volume. The firm stated that this growth came from expanding demand for faster and cheaper cross-border transactions.
The platform uses both XRP and Ripple’s stablecoin, RLUSD, to provide liquidity and settlement. Both have also become the first tokens in the U.S. to have a stablecoin margin.
RLUSD recently crossed a $1 billion market cap less than a year after launch. The company said the milestone shows how quickly institutions are adopting regulated stablecoin products for treasury and collateral needs.
The company has also expanded through acquisitions. Ripple completed six deals in a little over two years. Two of these were valued at more than $1 billion. Ripple said the purchases strengthened its position in payments, treasury management, and custody.
Ripple Expands Services With Key Acquisitions
The acquisition of Rail added new capabilities to Ripple Payments. The company also acquired GTreasury to bring stablecoin infrastructure to enterprise clients. Ripple said GTreasury manages trillions of dollars for major corporations that want to use digital assets in everyday operations.
Ripple’s prime brokerage division also reported strong growth. The company purchased Hidden Road and relaunched the business as Ripple Prime. Since then, client collateral has doubled and average daily transactions have exceeded sixty million.
Ripple said the business has tripled in size since the acquisition. RLUSD is already used as collateral on Ripple Prime, showing another step in stablecoin utility. The company plans to introduce collateralized lending for XRP to support a growing list of institutional traders.
Ripple said it has repurchased more than 25% of its outstanding shares in recent years. It said the buybacks provided liquidity to early investors and employees.
Garlinghouse Highlights Investor Confidence in Ripple’s Expanding Vision
The company holds more than seventy regulatory licenses worldwide. Ripple said these licenses let it move money for businesses without depending on intermediaries. The company believes its regulatory posture is a major factor behind its continued growth.
Brad Garlinghouse said the announcement felt like “the cherry on top of a mountain of good news.” He said the year showed how far the firm had grown, both operationally and in global market influence.
According to Garlinghouse, the investment validates Ripple’s strategy and the broader future of crypto adoption. He said the vote of confidence from leading financial institutions shows how quickly the industry is maturing.
Besides the investors mentioned above, Garlinghouse also highlighted the list of other participating investors. They are Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. Garlinghouse described the group as long-term partners who understand the role of digital assets in global finance. He said their involvement demonstrates belief in the firm’s vision for institutional crypto infrastructure.
Source: https://coingape.com/ripple-secures-500m-funding-after-record-growth/
