EPISODE · May 14, 2026 · 1 MIN
Ripple's Billion-Dollar Bet on XRP
from The Daily News Now! Business
Ripples Evolution: From Dream to Financial Infrastructure Powerhouse Ripple, once a startup with a grand vision for global payments, has transformed into a financial infrastructure giant. Over the past two years, theyve acquired six companies for over $4 billion, including Hidden Road for prime brokerage and GTreasury for treasury management. In November 2025, they raised $500 million from heavyweights like Fortress and Citadel. Big banks are exploring the XRP Ledger, with JPMorgan Chase, Mastercard, and Ripple successfully completing the first cross-border redemption of a tokenized U.S. Treasury bond across banks. Ripples substantial XRP escrow, worth tens of billions, underscores their commitment to XRPs success. Despite potential challenges, XRP stands out among cryptos backed by less stable entities. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8b981771d53f46ab
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Ripple's Billion-Dollar Bet on XRP
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