How Wall Street’s Ripple bet gives XRP a big institutional role

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.