Ripple has secured a $500 million strategic investment at a $40 billion valuation, led by funds managed by affiliates of Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace.
The deal follows Ripple's $1 billion tender offer earlier this year, underscoring institutional confidence in its expansion beyond payments into custody, stablecoins, prime brokerage and treasury management.
Chief executive officer Brad Garlinghouse said the move marks "further validation of the market opportunity we're aggressively pursuing" as Ripple grows into a full-service partner for institutions using crypto and blockchain.
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The company has repurchased over 25% of its shares in recent years to boost liquidity for shareholders and employees. Its Ripple Payments platform, powered by XRP (XRP) and Ripple USD (RLUSD), has processed over $95 billion in volume.
Recent acquisitions — including stablecoin infrastructure firm Rail, GTreasury and prime brokerage platform Hidden Road, now Ripple Prime — highlight Ripple's push to scale real-world utility. RLUSD's market cap has surpassed $1 billion, while institutional adoption of XRP-based products continues to rise.
This story was originally reported by TheStreet on Nov 5, 2025, where it first appeared in the Business News section. Add TheStreet as a Preferred Source by clicking here.
