Ripple | Crypto

OpenEden has closed a new strategic investment round backed by some of the most influential names in blockchain and institutional finance, including Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation, and Sigma Capital. The raise marks a significant milestone for the RWA tokenization platform as institutional appetite […] The post OpenEden Closes Strategic Funding as RWA Market Surges; Ripple and Anchorage Digital Ventures Among Backers appeared first on CryptoSlate.

RedotPay said users can convert cryptocurrency into Nigerian naira and receive funds directly in their local bank accounts within minutes. RedotPay has teamed up with Ripple to launch “Send Crypto, Receive NGN,” a new feature that lets users convert digital assets into Nigerian naira and receive the funds in local bank accounts within minutes. The service is built on Ripple Payments and supports a basket of major tokens at launch, including USDC (USDC), USDt (USDT), Bitcoin (BTC), Ether (ETH), Solana (SOL), Tron (TRX), XRP (XRP) and BNB (BNB), with Ripple USD (RLUSD) expected to be added later, Ripple said in a Tuesday announcement. “RedotPay is building stablecoin‑powered payments that make digital assets as easy to use as local currency, where users can send XRP or stablecoins securely and receive NGN within minutes,” RedotPay’s CEO Michael Gao said. Read more

XRP is falling hard alongside Bitcoin on Monday, but Ripple just got good news regarding its payments service in Singapore.

Here's everything new and most interesting surrounding Ripple and its ecosystem.

Ripple’s dollar-backed stablecoin secures a major regulatory win as Abu Dhabi allows licensed firms to use RLUSD inside its international financial center. Ripple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token by the local watchdog. In a Thursday announcement, Ripple said the approval allows regulated firms to deploy Ripple USD (RLUSD) inside the Abu Dhabi Global Market’s (ADGM) financial zone,  an international financial center and free zone located on Al Maryah and Al Reem Islands in Abu Dhabi. “With a market capitalization of over $1 billion and growing adoption in core financial uses like collateral and payments, RLUSD is quickly becoming a go-to USD stablecoin for major institutions,” said Jack McDonald, senior vice president of stablecoins at Ripple. Read more

Check out the most recent news linked to Ripple and XRP.

After defeating the US Securities and Exchange Commission over the status of XRP, Ripple has made a puzzling move: it’s not rushing to go public. Instead, the company is staying private. This choice says more about the uneasy fit between crypto firms and public markets than about Ripple’s finances. In July 2023, the court ruled […] The post Ripple won the fight—now it’s ghosting Wall Street despite a $40B IPO valuation appeared first on CryptoSlate.

Ripple Labs closed a $500 million strategic funding round in 2025 at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities with participation from Brevan Howard, Marshall Wace, Pantera Capital, and Galaxy Digital. This came on top of a $1 billion tender offer earlier in the year at the same valuation, providing […] The post Ripple fortifies with $500M investment, leaving XRP’s role uncertain appeared first on CryptoSlate.

Ripple rejects IPO plans, Cathie Wood reduces Bitcoin 2030 forecast, and other crypto news: Hodler’s Digest Ripple, the US blockchain company behind the XRP cryptocurrency, will not pursue an initial public offering following the conclusion of its years-long legal battle with the US Securities and Exchange Commission. Ripple president Monica Long said the company has no plans or timeline for an IPO, according to a Bloomberg report on Wednesday. Were in a fortunate position where weve been able to be very well capitalized and fund all of our organic growth, inorganic growth, strategic partnerships, anything we want to do, Long said. Read more

Ripple rejects IPO plans, Cathie Wood reduces Bitcoin 2030 forecast, and other crypto news: Hodler’s Digest Ripple, the US blockchain company behind the XRP cryptocurrency, will not pursue an initial public offering following the conclusion of its years-long legal battle with the US Securities and Exchange Commission. Ripple president Monica Long said the company has no plans or timeline for an IPO, according to a Bloomberg report on Wednesday. Were in a fortunate position where weve been able to be very well capitalized and fund all of our organic growth, inorganic growth, strategic partnerships, anything we want to do, Long said. Read more

Ripple rejects IPO plans, Cathie Wood reduces Bitcoin 2030 forecast, and other crypto news: Hodler’s Digest Ripple, the US blockchain company behind the XRP cryptocurrency, will not pursue an initial public offering following the conclusion of its years-long legal battle with the US Securities and Exchange Commission. Ripple president Monica Long said the company has no plans or timeline for an IPO, according to a Bloomberg report on Wednesday. Were in a fortunate position where weve been able to be very well capitalized and fund all of our organic growth, inorganic growth, strategic partnerships, anything we want to do, Long said. Read more

Ripple won’t pursue an IPO after resolving its SEC case despite record growth, major new investors and increasing industry momentum for public listings. Ripple, the US blockchain company behind the XRP cryptocurrency, will not pursue an initial public offering following the conclusion of its years-long legal battle with the Securities and Exchange Commission. Ripple president Monica Long said the company has no plans or timeline for an IPO, according to a Bloomberg report on Wednesday. “We’re in a fortunate position where we’ve been able to be very well capitalized and fund all of our organic growth, inorganic growth, strategic partnerships, anything we want to do,“ Long said. Read more

XRP price charts confirm a bear flag breakdown as a death cross looms, signaling potential continuation of its downtrend toward key support levels near $1.65. Key takeaways: XRP fell over 9% after Ripple’s Swell event, extending its November losing streak. A bear flag breakdown and looming death cross point to a possible drop toward $1.65. Read more

Ripple’s newest funding round landed with unusual force for a company long defined by court battles and contested narratives. On Nov. 5, the firm announced a $500 million strategic investment at a $40 billion valuation, backed by funds associated with Citadel Securities, Fortress Investment Group, and Brevan Howard. These are traditional financial institutions that rarely […] The post How Wall Street’s Ripple bet gives XRP a big institutional role appeared first on CryptoSlate.

Crypto markets were slightly green, with Bitcoin trading just below its 200-week moving average—BTC rose 0.5% to $102,800, while ETH gained 1% to $3,380. BNB and SOL remained flat at $950 and $157, respectively. Among top movers, ICP surged 28%, ZEC climbed 15%, and DASH rose 12%. In corporate developments, Ripple raised $500 million at a $40 billion valuation from major investors including Fortress, Citadel, and Brevan Howard. Asset manager WisdomTree, with $130 billion in AUM, adopted Chainlink to bring NAV data on-chain and power subscriptions for its CRDT tokenized fund on Ethereum. Robinhood beat Q3 estimates as its crypto revenue saw a substantial increase. Meanwhile, YouTube clarified that its gambling policy is not targeting crypto content broadly, focusing instead on gambling and casino-related material. Lastly, Circle updated its terms of service to permit firearms purchases using USDC.

Ripple’s massive valuation backed by Citadel and Fortress highlights rising Wall Street confidence in blockchain and stablecoin innovation. Blockchain payments company Ripple has been valued at $40 billion following new equity investments from Citadel Securities and Fortress Investment Group, underscoring the growing appeal of blockchain technology among mainstream financial institutions. According to a Financial Times report on Wednesday, Ripple raised $500 million from several investors in its latest funding round, which cemented the lofty valuation. The deal signals a broader shift as established Wall Street firms move to gain exposure to the digital payments and blockchain sector despite ongoing market pressures.  Other investors included hedge fund Brevan Howard and crypto-focused venture capital companies Pantera and Galaxy Digital.  Read more

For years, Ripple was best known for its legal battles and its token, XRP, which was a symbol of crypto’s friction with the traditional financial world. Now, after years of courtroom and regulatory turbulence, Ripple has quietly built something far more ambitious: a full-stack institutional financial platform that resembles a 21st-century investment bank, albeit without […] The post How XRP and RLUSD are making Ripple the JPMorgan of the crypto industry appeared first on CryptoSlate.

Ripple’s US dollar-pegged RLUSD has entered the top 10 stablecoins by market cap, reaching $1 billion less than a year after launch. Ripple USD, a stablecoin created by XRP issuer Ripple, has surpassed $1 billion market capitalization, marking a significant milestone less than a year after its launch. Officially launched in December 2024, the Ripple USD (RLUSD) stablecoin has achieved a remarkable 1,278% year-to-date growth in market capitalization. The stablecoin first broke through the $1 billion mark on Monday, just a few days after reaching $900 million on Oct. 24, according to CoinGecko data. Read more

As Ripple’s Swell conference kicked off in New York this week, the company announced an expansion of OTC services following its October acquisition of a prime broker. Blockchain payments company Ripple expanded its services to include digital asset spot prime brokerage for US markets, about seven months after announcing plans to acquire Hidden Road. In a Monday notice, Ripple said that its US-based institutional clients would be able to execute over-the-counter (OTC) spot transactions across multiple cryptocurrencies. The launch of the service followed Ripple’s acquisition of crypto-friendly prime broker Hidden Road as part of a $1.25 billion deal disclosed in April and finalized in October. “The launch of OTC spot execution capabilities complements our existing suite of OTC and cleared derivatives services in digital assets and positions us to provide US institutions with a comprehensive offering to suit their trading strategies and needs,” said Michael Higgins, international CEO of Ripple Prime and former H...

Less than a week after its debut, Evernorth, a newly formed XRP-focused treasury company, has emerged as one of crypto’s most profitable institutional entrants. The firm’s swift accumulation of nearly $1 billion worth of XRP has already generated an estimated $75 million in unrealized gains, signaling that Wall Street’s quiet pivot toward the token may […] The post New US company completes $1 billion XRP purchase as Ripple celebrates price surge appeared first on CryptoSlate.