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Ripple Announces $500 Million Strategic Investment Led by Fortress and Citadel Securities
Ripple, the leading financial technology company that offers crypto solutions for businesses, today announced a $500 million strategic investment at a $40 billion valuation from world-class institutional investors led by funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The investment follows Ripple’s strongest year to date and its recent $1 billion tender offer at the same valuation, underscoring continued confidence in the company’s growth trajectory and long-term vision. As Ripple continues its record ... (full story)
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