Ripple Secures $500 Million Funding, Valuation Reaches $40 Billion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Successful Funding: Ripple completed a $500 million share sale in November 2024, boosting its valuation to $40 billion, with participation from major institutions like Citadel Securities and Fortress, reflecting strong market confidence in Ripple's future.
- Strategic Partnerships: This funding not only provides financial support but also establishes strategic partnerships with Citadel and Fortress, particularly in bridging blockchain technology with capital markets, enhancing Ripple's competitive edge.
- Business Integration and Expansion: Having acquired four firms last year, Ripple's focus will be on integrating these businesses into its ecosystem and expanding infrastructure products for enterprise clients, driving both organic and acquisition-based growth.
- IPO Plans: Despite discussions around a potential IPO, President Monica Long stated that Ripple plans to remain private for now, emphasizing that the company does not need to go public for financing due to strong interest from new investors, indicating a robust financial position.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
