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Ripple raised $๐ฑ๐ฌ๐ฌ๐ ๐ฎ๐ ๐ฎ $๐ฐ๐ฌ๐ ๐๐ฎ๐น๐๐ฎ๐๐ถ๐ผ๐ป, backed by Citadel and Fortress. [NEWS]
Other backers? Brevan Howard, Marshall Wace, Pantera Capital, and Galaxy. Ripple might have leapfrogged Circle and Tether.io as the vertically integrated and globally compliant financial infrastructure provider.
Unlike them, Ripple doesnโt just issue money. It owns the pipes.
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Subscribe nowWhat happened
In just over two years, Ripple has developed a comprehensive five-pillar institutional stack, transitioning from its initial use case of cross-border payments:
Custody: Acquired firm Metaco ($250M in 2023); 75 regulatory licenses globally
Payments & Stablecoins: Leveraging Rail and RLUSD (in Dec 2024)
$95B processed through Ripple Payments in 2025; RLUSD hit $1B market cap
Treasury management: Integrating GTreasury (acquired in Oct 2025 for $1B) to provide a direct gateway into corporate liquidity flows
Prime Brokerage: Operating Ripple Prime (aka Hidden Road; acquired in Apr 2025 for $1.25B); handles $3T annually, moves $10B/day, 50M daily transactions
XRP-ledger: A decentralised, open-source blockchain
