Ripple secures $500M led by Fortress, Citadel, and Galaxy at $40B valuation - big push for RLUSD stablecoin and prime brokerage amid post-Trump crypto boom
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Ripple secures $500M led by Fortress, Citadel, and Galaxy at $40B valuation - big push for RLUSD stablecoin and prime brokerage amid post-Trump crypto boom
Citadel is everywhere. Notice how its market making profits allow for investing elsewhere.
Citadel's market making arm pulled in $8.5B profit last year alone, fueling these strategic plays like the $500M Ripple round - smart diversification into crypto infra