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Ripple Labs is pushing forward with plans to raise at least $1 billion through a new special-purpose vehicle aimed at accumulating XRP, according to Bloomberg. The fund would operate via a digital-asset treasury (DAT) structure, with Ripple contributing a portion of its own XRP holdings. If finalized, this would represent one of the largest single fundraises tied to XRP, currently valued at around $138 billion in market cap.
The move comes as crypto markets remain unsettled after last week’s U.S.–China trade shock, which wiped out nearly $19 billion in positions and sent major tokens lower. Bitcoin slipped 3% on Thursday, while altcoins faced sharper declines. Despite the turbulence, Ripple is pressing ahead, also revealing its $1 billion acquisition of GTreasury to expand into corporate treasury solutions and tokenized finance.
By consolidating XRP exposure through institutional-scale accumulation, Ripple aims to bring greater stability to the token’s supply dynamics. The firm already controls 4.7 billion XRP directly and manages another 35.9 billion via escrow, underscoring its long-term commitment to XRP’s role in payments and custody.
