Ripple Secures $55M in Funding From Legacy Institutions
San Francisco-based Ripple announced it has received $55 million in a Series B funding round. The capital injection makes the startup one of the largest funded blockchain-based projects in the industry. $55 Million Gives Ripple Labs ‘Tons of Runway’. The permissioned blockchain has continued to make progress since its current incarnation launched in....
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A report commissioned by secretive distributed ledger consulting group R3CEV and authored by bitcoin developer Peter Todd has raised questions about the ability of the Ripple protocol to serve the needs of global financial institutions in its current iteration. The release notably comes at a time when Ripple Labs, the corporate entity overseeing the network, has been increasingly attracting the attention of legacy financial institutions interested in bitcoin and the wider blockchain ecosystem. Ripple Labs has raised $37m to date, and partnered with Commonwealth Bank, Fidor Bank and Western....
On Wednesday, blockchain payment giant Ripple announced a major $500 million investment, which elevated its valuation to $40 billion. The funding came from a consortium of major institutions, including Fortress Investment Group, Citadel Securities affiliates, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. Ripple’s Strategic Expansion Brad Garlinghouse, CEO of Ripple, emphasized that this […]
Bitcoin is gaining a foothold in European countries as of late. Multiple Bitcoin exchanges are either expanding to Europe or are securing funding to expand existing operations. The latest Bitcoin exchange to secure a round of seed funding is Cryex, based in Sweden. Cryex Secures $10m in Funding. The main goal of Cryex is to build a bridge between financial markets and the blockchain economy. Several companies are trying to break ground in this area, yet there are many different ways to pursue the goal. Cryex aims to utilize its team’s collective experience to provide quality financial....
Thursday, Blockchain company Ripple announced that it had raised $55 mln in funding. Accenture Ventures, SCB Digital Ventures, the venture arm of Siam Commercial Bank and Santander Innoventures are just a few of the investors who participated in the Series B funding. Additionally, Ripple has secured partnerships with major banks, including Standard Chartered, BMO Financial Group, and Shanghai Huarui Bank. In the near future Ripple plans to partner with even more banks, which are planned to use the service it provides to improve cross-border payments. Overall, Ripple has received over $93....
On December 1, 2025, Ripple announced a major regulatory upgrade in Singapore, reinforcing its ambition to make XRP a central instrument for global payments. The expanded license allows the company to streamline cross-border money transfers, expand its payments infrastructure, and provide faster, more transparent settlements to financial institutions worldwide. Ripple Intensifies Its Global Payments Playbook The Singapore regulatory upgrade extends the scope of Ripple’s Major Payment Institution (MPI) license, giving its subsidiary, Ripple Markets APAC Pte. Ltd., authority to operate a....