Ripple Secures $500 Million Investment, Valued at $40 Billion, as Expansion Drives Growth

Ripple has just secured a significant $500 million investment, propelling its valuation to a remarkable $40 billion. This strategic injection of capital, led by major players like Fortress Investment Group and Citadel Securities, comes at a pivotal moment for the company’s expansion into new financial infrastructure services. The funding will accelerate Ripple’s efforts beyond its core cross-border payments network.