Ripple Raises $500 Million in Funding: Driven by Payment Growth and Stablecoin Adoption

Ripple secured a major investment of $500 million at a valuation of $40 billion, marking the company’s strongest financial year yet. This funding round was led by Fortress Investment Group and Citadel Securities, with participation from renowned firms like Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The investment reflects a strong belief in Ripple’s growing payments, custody, prime brokerage, and stablecoin services.