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Ripple has secured $500 million in new funding at a $40 billion valuation after reporting its strongest year to date The round was led by funds managed by affiliates of fortress investment group and citadel securities, with participation from. The round was led by fortress investment group and citadel securities
Citadel securities and fortress invest in ripple, valuing it at $40 billion and signaling growing institutional adoption of blockchain and stablecoins. Ripple announced a $500m strategic investment at a $40b valuation Ripple raises $500 million from fortress and citadel securities, reaching a $40 billion valuation after a record year.
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