Ripple’s $500M ‘Cherry on Top’ – Is This the Real Deal? 🍒💰

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Oh, dear me! Ripple’s CEO, Brad Garlinghouse, has been heard to exclaim that the company’s latest funding round is “the cherry on top of a mountain of good news.” One might wonder, what could possibly be atop that mountain? A pyramid scheme? A rogue llama? 🐎💸

As reported by U.Today, Ripple has secured a staggering $500 million from Fortress Investment Group, Pantera Capital, Galaxy Digital, and other “major names.” One can only imagine the champagne flowing like a waterfall at their next board meeting. 🥂

Following this mammoth funding round, Ripple’s valuation has soared to a stratospheric $40 billion. A figure so large, it makes the average human’s savings account feel like a drop in the ocean. 🌊

“This investment isn’t just validation of Ripple’s growth strategy and business built on the foundation of XRP, but also a clear bet on what the future of crypto will look like,” Garlinghouse declared, presumably while sipping a martini and eyeing the stock market. 🍸

Key 2025 developments 📅

In March 2025, Ripple agreed to a settlement with the U.S. Securities and Exchange Commission (SEC) in the longstanding lawsuit alleging unregistered securities sales. The long-lasting legal battle finally ended in August, much to the relief of everyone involved… except perhaps the lawyers. ⚖️

In April 2025, Ripple announced it would acquire the multi-asset prime broker Hidden Road for around US$1.25 billion. A deal so grand, it could rival the budget of a Hollywood blockbuster. 🎬

It has also acquired treasury management firm GTreasury and stablecoin infrastructure firm Rail. One wonders if they’re planning to launch a cryptocurrency-themed theme park. 🏰💸

On top of that, the market cap of Ripple USD (RLUSD) has now surpassed $1 billion for the first time. A milestone so monumental, it’s practically a bonfire of financial success. 🔥

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2025-11-05 21:41