Ripple Hits $40 Billion Valuation Post-SEC Win, Attracts Wall Street Backing

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Ripple hit a $40 billion valuation after a $500 million project funding news round in November 2024, drawing major Wall Street backers like Citadel Securities, Fortress Investment Group, and funds from Brevan Howard, Pantera Capital, and Galaxy Digital. The deal included downside protection, guaranteeing investors a 10% annualized return after three to four years, with Ripple able to repurchase shares at 25%. The valuation follows recent SEC news developments and shows strong support for Ripple’s blockchain payment tools, custody services, and treasury solutions. Its RLUSD stablecoin now has a market cap above $1 billion, showing rising institutional interest.
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