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Fintech Ripple secures $500m in new funding
Yahoo Finance· 2025-11-06 08:32
Fintech firm Ripple has secured a $500m capital injection that values the company at $40bn. The investment was spearheaded by funds connected to Fortress Investment Group, Citadel Securities, Galaxy Digital, Pantera Capital, Marshall Wace and Brevan Howard. The acceptance of this funding in new equity is intended to enhance Ripple’s connections with global financial partners whose expertise supports the company’s growing product portfolio. This development comes after Ripple's recent $1bn tender offer a ...