Thumzup Media Raises $50M, Partners with Coinbase for XRP-Focused Growth Strategy

Thumzup Media, a publicly traded company, has secured a $50 million funding round and partnered with Coinbase Prime to bolster its digital asset reserves. The strategic allocation, focusing on 90% of liquid assets on cryptocurrencies, prioritizes XRP as the core investment. This move signifies a significant shift in public companies’ approach towards managing financial reserves, potentially influencing market dynamics.