NewsBTC
Oct 18, 2025
9 0

Ripple Labs to Raise $1 Billion for XRP Digital Asset Treasury

Ripple Labs is planning to raise at least $1 billion for a major XRP purchase, aiming to establish a new digital asset treasury (DAT).

Key Points

  • The fundraising will use a special purpose acquisition company (SPAC), with Ripple contributing some of its XRP holdings.
  • Investor sentiment towards DATs is cautious due to recent declines in crypto firm shares.
  • If successful, this would be the largest fundraising effort focused specifically on XRP.
  • Ripple has acquired GTreasury, a treasury management software provider, for $1 billion to enhance corporate finance connections.
  • Ripple holds 4.74 billion XRP, valued at approximately $11 billion, with an additional 35.9 billion XRP under escrow lockups.

XRP Market Outlook

  • Market expert suggests a potential recovery phase for XRP, targeting a significant rally of 340% in the coming months.
  • XRP is currently trading around $2.26; critical support levels are observed at $2.22 and $2.4.
  • A failure to hold these supports could lead XRP to retrace to the $1.2 level.

Ripple