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Time now: Jun 1, 12:00 AM

Ripple Raises $500 Million at $40 Billion Valuation

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Ripple recently raised $500 million at a $40 billion valuation, with backing from Wall Street players betting on the infrastructure underpinning digital assets. The round was led by funds affiliated with Fortress Investment Group and Citadel Securities, alongside Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

This article has been published in fortune.com via Yahoo News.

 
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