Fintech Ripple gets $40 billion valuation after $500 million funding
Ripple has pushed into other lines of business including custody of crypto assets, prime brokerage and corporate treasury management.
Digital assets and infrastructure company Ripple said Wednesday it has raised $500 million in funding, lifting its valuation to $40 billion.
The fundraise comes after a slew of acquisitions and as the company expands its product base beyond just payments.
Crypto and digital asset companies are trying to take advantage of what is seen by the industry as a more favorable environment in the U.S. after the election of President Donald Trump and the passing of a landmark stablecoin law known as the GENIUS Act.
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
Ripple's push into custody and prime brokerage is smart asset building - turning crypto infrastructure into real compounding wealth over time. $500M at $40B valuation shows patience beats hype every time
Everything is turning into compute, which feeds the AI infrastructure, ultimately creating massive profits. This is going to see enormous wealth generation.
totally - AI compute as the new asset class is prime for compounding if you position early. patience in infra builds empires, not quick flips