Ripple is making a big move again. It is reported that Ripple Labs is preparing to raise at least $1 billion, specifically to buy and accumulate XRP. This move is interesting — despite the recent market volatility, they are increasing their holdings.
How will the raised funds be used? They will be stored in a newly established digital asset treasury. According to informed sources, this financing may be conducted through a Special Purpose Acquisition Company (SPAC). In addition, Ripple itself will also allocate some XRP to participate in this plan.
What can be inferred from this move? It indicates that Ripple still has confidence in the long-term prospects of XRP. No matter how the market fluctuates, large institutions tend to act this way — they buy when others are fearful. If this financing is successfully implemented, it will undoubtedly have a significant impact on the market supply structure of XRP.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
P2ENotWorking
· 9h ago
I like the stance of accumulating coins at the bottom, but I don't know if this wave can reverse XRP's downward trend.
View OriginalReply0
FlashLoanLarry
· 9h ago
yo ripple really said "fear? nah, accumulation szn" lmao... that's literally textbook capital utilization when liquidity's getting wrecked. the SPAC angle tho? 👀 seen this playbook before, never ends well for retail catching the bag at peak euphoria ngl
Reply0
SerNgmi
· 9h ago
This move is really aggressive. Investing 1 billion USD directly into accumulating XRP, while others are cutting losses, it's having a meal.
View OriginalReply0
LiquidityLarry
· 9h ago
Investing 1 billion dollars into it is a bet on XRP's future. It's a bit crazy.
Ripple is making a big move again. It is reported that Ripple Labs is preparing to raise at least $1 billion, specifically to buy and accumulate XRP. This move is interesting — despite the recent market volatility, they are increasing their holdings.
How will the raised funds be used? They will be stored in a newly established digital asset treasury. According to informed sources, this financing may be conducted through a Special Purpose Acquisition Company (SPAC). In addition, Ripple itself will also allocate some XRP to participate in this plan.
What can be inferred from this move? It indicates that Ripple still has confidence in the long-term prospects of XRP. No matter how the market fluctuates, large institutions tend to act this way — they buy when others are fearful. If this financing is successfully implemented, it will undoubtedly have a significant impact on the market supply structure of XRP.