Ripple announced a $500 million investment from institutional investors led by Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The deal values the company at $40 billion, matching its previous $1 billion tender offer earlier this year.
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The investment follows what Ripple described as its strongest year, marking continued backing for its expansion across payments, custody, and stablecoins. In the past two years, the company has completed six acquisitions, including two worth over $1 billion.
In April, Ripple bought prime broker Hidden Road for $1.25 billion. The company said this made it the first crypto firm to own and operate a global, multi-asset prime broker. Ripple stated that the acquisition broadened its reach into prime brokerage and treasury management.
Ripple Expands Beyond Payments and Custody
Ripple has also been repurchasing its shares, buying back over a quarter of its outstanding stock in recent years. The company said it aims to provide liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term for shareholders and employees while attracting institutional investors.
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“The investment reflects both Ripple’s momentum and validation of the market opportunity we’re pursuing,” said CEO Brad Garlinghouse. He added that Ripple began with payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term in 2012 and has since expanded into custody, stablecoins, and prime brokerage.
Cross-Border Transactions Exceed $95 Billion
Earlier this year, Ripple acquired Rail, a stablecoin infrastructure provider, to strengthen its Ripple Payments platform. The firm said its system now supports full-service cross-border payments using its stablecoin, Ripple USD, and XRP.
Ripple holds 75 regulatory licenses, allowing it to move funds globally and manage liquidity directly for clients. The company reported more than $95 billion in total payment volumes.
RLUSD Stablecoin Hits $1 Billion Market
In October, Ripple acquired GTreasury, a treasury management platform that handles trillions of dollars for corporate clients. The company said the deal was driven by growing institutional use of stablecoins for payments and collateral.
Ripple’s RLUSD stablecoin reached a $1 billion market capitalization within a year of launch. The asset is already used as collateral on Ripple Prime, formed through the Hidden Road acquisition. Since then, client collateral has doubled, average daily transactions have surpassed 60 million, and the business has tripled in size.
Ripple Prime is now expanding into collateralized lending for XRP and supporting a broader base of institutions trading XRP-related products.



