#اخبار_الكريبتو_العاجلة #عملات_رقمية #اقتصاد_رقمي #WTC
Ripple aims to raise one billion US dollars through a private placement (
SPAC) to expand its digital asset portfolio focused on Ripple (XRP).
The plan involves purchasing approximately 427 million Ripple coins to enhance the company's cryptocurrency portfolio.
Ripple Labs is preparing to take an important step to enhance its role in the digital asset space by significantly increasing its assets. The blockchain payments company intends to raise one billion US dollars with the aim of purchasing XRP tokens to create private digital assets.
This strategic step comes amid the continued growth of corporate reserves of cryptocurrencies across the sector, albeit at a much slower pace than the adoption of Bitcoin and Ethereum. The funding round will take the form of a special purpose acquisition company, with details not yet finalized before any official announcement.
Building a strategic treasury through fundraising from special purpose acquisition companies (SPACs)
Ripple plans to add newly earned XRP to its current holdings from its existing reserves. The blockchain company holds a significant amount of XRP, estimated at around 4.5 billion tokens, out of a total circulating supply of approximately 59 billion tokens.
The company also holds approximately 37 billion tokens in registered escrow accounts, with tokens being issued monthly in a controlled manner. The company proposes an investment of $1 billion that could add approximately 427 million XRP tokens, based on current valuations.
This strategy aligns with Ripple's announcement earlier this week regarding its acquisition of GTreasury, a treasury management service for companies focused on digital assets, valued at $1 billion.
The infrastructure will facilitate the management of cryptocurrencies, stablecoins, and tokenized deposits, while enabling institutional clients and corporate funds to achieve returns simultaneously. The timing indicates Ripple's effort to establish itself as the largest holder of XRP among companies globally.
So far, the adoption of XRP funds remains limited compared to leading cryptocurrencies, such as Bitcoin, which exceeds the value of corporate funds at $152 billion, followed by Ethereum at $23 billion, indicating the little that institutions have accumulated in XRP.
Although many companies have announced their intentions regarding XRP funds, such as Trident Digital Tech Holdings targeting $500 million, Weboss at $300 million, and Vivo Power at $100 million, the position Ripple took last week, with the necessary first steps to secure $1 billion of XRP, casts a significant shadow over these modest intentions. The fundraising structure and its terms and plans still require discussions among parties and are likely to be modified before completion.
