Ripple Labs is reportedly leading an effort to raise at least $1 billion through a special-purpose vehicle aimed at accumulating XRP, according to Bloomberg. The raise will be conducted via a special purpose acquisition company (SPAC), with funds held inside a new digital-asset treasury (DAT) structure. Ripple itself plans to contribute a portion of its own XRP holdings, per the report, though final terms remain under discussion. If completed, the move would represent one of the largest single fundraises ...