Ripple Announces $500M Investment Round Led by Fortress and Citadel Securities

Ripple has announced a $500 million strategic investment round at a $40 billion valuation, led by funds managed by affiliates of Fortress Investment Group and Citadel Securities, alongside participation from Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The new round marks further progress in Ripple’s strongest year to date, reinforcing investor confidence in the company’s growth trajectory and long-term strategy. Institutional Confidence and Record Valuation Ripple’s latest raise fo ...