XRP’s $500M Ripple Funding at $40B Valuation: Why Price Isn’t Moving
Yahoo Finance·2025-11-20 16:41
Ripple's recent $500 million funding round grabbed attention for its size, timing, and the caliber of investors behind it. Led by Fortress Investment Group and joined by affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace, the round signals that heavyweight institutions see Ripple as a long-term financial infrastructure company rather than a narrow crypto startup.Today, XRP sits below major moving averages and struggles to hold support, showing the disconnect ...