Ripple Labs is reportedly gearing up for a major fundraising initiative that could see the company purchase around $1 billion worth of XRP, according to people familiar with the matter.
The plan involves setting up a digital asset treasury through a special purpose acquisition company (SPAC), designed to consolidate Ripple’s control over its native token.
The treasury would include both newly bought XRP and part of Ripple’s existing reserves, though final details of the transaction are still being negotiated. The move comes as the company looks to strengthen its onchain liquidity base and expand its influence over the XRP ecosystem.
Ripple already holds more than 4.5 billion XRP in circulation and manages another 37 billion through an escrow system that gradually releases tokens each month. A fresh $1 billion purchase would significantly boost its reserves, further tightening supply.
Just days earlier, Ripple acquired GTreasury, a corporate treasury management firm, in a $1 billion deal aimed at integrating blockchain-based asset management tools for stablecoins and tokenized deposits. This acquisition is part of Ripple’s broader push to link traditional finance infrastructure with digital assets.
Although Bitcoin and Ether remain the dominant assets in corporate treasuries, Ripple’s move could elevate XRP as a competitive reserve asset. Several firms – including Trident Digital Tech Holdings, Webus, and VivoPower – have already revealed plans to build XRP-focused treasuries valued at nearly $900 million combined.
If finalized, the initiative would cement Ripple’s position as the central force in XRP’s institutional adoption, signaling that the company intends to play a much larger role in shaping how digital assets are managed and stored in corporate finance.
As 2025 nears its close, Ripple is positioning itself for a potential surge in the cryptocurrency market.
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