Ripple Labs Is Leading A $1 Billion Fundraise To Establish XRP-Centered Treasury: Report - Nature's Miracle Holding (OTC:NMHI)

Ripple Labs Leads $1 Billion Raise for XRP Treasury Firm: Report

XRP-issuer Ripple Labs is leading a fundraising effort seeking at least $1 billion to establish a new digital asset treasury (DAT) for XRP, according to a report from Bloomberg. The planned round will be via a special purpose acquisition company (SPAC), and Ripple will contribute some of its own XRP holdings to this new treasury. This story is an excerpt from the Unchained Daily newsletter.   To get these updates in your email for free, subscrib…

Ripple Labs Is Leading A $1 Billion Fundraise To Establish XRP-Centered Treasury: Report - Nature's Miracle Holding (OTC:NMHI)

Blockchain company Ripple Labs is spearheading an initiative to raise at least $1 billion to create an XRP (CRYPTO: XRP)-focused cryptocurrency treasury, according to a report published on Thursday. A Dedicated XRP Treasury Company In The Offing? The funds will be raised through a special purpose acquisition company, Bloomberg reported, citing sources familiar with the matter. The raised funds will be shifted to a newly established digital-asset…

AI predicts XRP price as Ripple plans to buy $1 billion of crypto

An artificial intelligence (AI)  model has issued several price forecasts for XRP after it emerged that Ripple is planning to establish a treasury for the cryptocurrency. Notably, Ripple aims to raise at least $1 billion through a special purpose acquisition company (SPAC) to fund the new XRP treasury, which will also be partially backed by its own holdings.  The move represents one of Ripple’s most ambitious efforts to boost XRP’s liquidity and…

Ripple Aims to Raise $1B for XRP Buy Amid Market Volatility

Ripple Labs’ bold move to raise at least $1 billion for a substantial XRP purchase signals a strategic pivot amidst a challenging market landscape. This initiative, aimed at establishing a new digital asset treasury (DAT), comes at a time when XRP has experienced a notable 24% decline over the past two weeks. The decision to use a special purpose acquisition company (SPAC) for fundraising… Source

Ripple Labs’ $1 Billion XRP Treasury Strategy: Will It Lead To A New Rally Toward $10? - Coin Surges

Amid a challenging period for the XRP price, which has seen a decline of 24% over the last two weeks, Ripple Labs, the blockchain payment company, has announced plans to raise at least $1 billion for a major XRP purchase, intended for the establishment of a new digital asset treasury (DAT). Ripple Plans Largest Fundraising Effort  According to sources cited by Bloomberg, the capital will be managed within this new treasury, and Ripple plans to u…

XRP could dip below $2.0 as bearish momentum thickens - Invest In Crypto News

Key takeaways XRP is down 7% in the last 24 hours and is now trading at $2.2 per coin. The bearish performance comes as the broader crypto market undergoes a correction. XRP continues to decline despite Ripple’s efforts to accumulate more tokens XRP, the native coin of the Ripple ecosystem, has lost 7.5% of its value in the last 24 hours and is now trading at $2.2 per coin. The bearish performance comes despite Ripple Labs leading an effort to r…