Ripple Raises $500M at $40B Valuation: Wall Street Invests in Blockchain Payments

Ripple has secured a major funding boost, raising $500 million at a staggering $40 billion valuation from firms like Citadel Securities and Fortress Investment Group. This landmark deal signifies growing institutional confidence in blockchain technology and opens the door for Ripple to expand its reach into the financial world. The funding will enable Ripple to deepen existing partnerships with banks and treasury institutions, while expanding its product offerings beyond traditional payments.