Ripple announced on November 5 that it has secured a fresh $500 million strategic investment, pushing its valuation to $40 billion, in a deal led by major institutional players including funds tied to Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
The funding comes on the heels of Ripple’s strongest year to date, following a $1 billion tender offer at the same valuation. In particular, the raise reinforces institutional confidence in Ripple’s expanding role in global crypto and financial infrastructure.
Ripple continues to prioritize shareholder and employee liquidity, having repurchased more than 25% of its outstanding shares in recent years. The latest tender offer drew heavy demand from institutional investors seeking entry, prompting Ripple to accept $500 million in new common equity to deepen strategic relationships across global finance.
“This investment reflects both Ripple’s incredible momentum and further validation of the market opportunity we’re pursuing,” said Brad Garlinghouse, Ripple CEO.
He added:
“We started in 2012 with one use case – payments – and have expanded that success into custody, stablecoins, prime brokerage and corporate treasury, leveraging digital assets like XRP. Today, Ripple stands as the partner for institutions looking to access crypto and blockchain.”
The company now positions itself as an institutional-grade crypto and blockchain provider, leveraging XRP across payments, liquidity, and infrastructure solutions worldwide.
