Ripple Secures $500M Funding After Record Growth

Ripple has secured $500 million in new funding at a $40 billion valuation after reporting its strongest year to date. The round was led by Fortress Investment Group and Citadel Securities. Other major investors also participated.

Ripple Expands on Surging Payments Volume and Stablecoin Use

The company stated in a media statement the investment reflects rising demand for its payments, custody, prime brokerage, and stablecoin services. The update follows Ripple’s recent $1 billion tender offer at the same valuation.

It also comes amid the company’s ongoing Swell 2025 event. The company said both events demonstrate sustained confidence in its long-term strategy.

Ripple highlighted the size of its payments business as a key driver of investor interest. Ripple Payments has now processed more than $95 billion in total volume. The firm stated that this growth came from expanding demand for faster and cheaper cross-border transactions.

The platform uses both XRP and Ripple’s stablecoin, RLUSD, to provide liquidity and settlement. Both have also become the first tokens in the U.S. to have a stablecoin margin.

RLUSD recently crossed a $1 billion market cap less than a year after launch. The company said the milestone shows how quickly institutions are adopting regulated stablecoin products for treasury and collateral needs.

The company has also expanded through acquisitions. Ripple completed six deals in a little over two years. Two of these were valued at more than $1 billion. Ripple said the purchases strengthened its position in payments, treasury management, and custody.