The latest investment of US$500 million underscores Ripple’s record growth and expanding institutional focus.
Ripple announced a US$500 million strategic investment at a US$40 billion valuation, led by funds managed by affiliates of Fortress Investment Group and Citadel Securities.
The investment follows Ripple’s strongest year to date and comes on the heels of its recent US$1 billion tender offer at the same valuation. Ripple has prioritised liquidity and shareholder value through a series of share repurchases, having bought back more than 25% of its outstanding shares in recent years.
The company has diversified from its original focus on payments into custody, stablecoins, prime brokerage, and corporate treasury, leveraging digital assets such as XRP and its own stablecoin Ripple USD (RLUSD).
In the past two years, Ripple has completed six acquisitions, including two exceeding $1 billion in value, expanding its presence across global markets and product verticals. Ripple Payments has surpassed $95 billion in total volume, driven by the adoption of RLUSD and XRP as faster, more efficient rails for cross-border transactions.
With 75 regulatory licences, Ripple is now positioned to move money directly for customers, streamlining liquidity management and eliminating intermediaries.RLUSD has achieved a $1 billion market cap less than a year after launch, underscoring growing demand for stablecoin-backed payments and collateral solutions.
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