- Ripple aims to raise $1 billion to buy XRP.
- The fund will be set up through a SPAC-backed treasury.
- Move signals renewed institutional confidence in XRP.
In a bold step toward expanding its influence in the crypto world, Ripple Labs is reportedly leading an initiative to raise $1 billion for a new digital-asset treasury, primarily to accumulate XRP. The news, reported by Bloomberg, outlines Ripple’s strategy to use a SPAC (Special Purpose Acquisition Company) to fuel this large-scale acquisition.
This potential $1B fund marks a significant shift in Ripple’s approach to XRP and could have major implications for both institutional adoption and market stability of the asset.
Why Use a SPAC for the XRP Treasury?
A SPAC is a type of investment vehicle that raises money through an IPO with the intent to merge with or acquire another company. In this case, Ripple’s treasury will reportedly be built using such a structure. This approach allows Ripple to sidestep traditional fundraising hurdles and bring capital quickly into the XRP ecosystem.
By anchoring the treasury with XRP, Ripple is signaling confidence in its native token and possibly aiming to reduce volatility and support long-term growth. It also opens the door for more regulated, institutional players to gain indirect exposure to XRP through a familiar investment vehicle.
What This Means for XRP and the Crypto Industry
The timing of this fundraise could be strategic. With growing global regulatory clarity around digital assets and Ripple’s own legal battles with the SEC nearing resolution, confidence in XRP has been rising. A $1B XRP treasury would likely have a bullish impact on price, liquidity, and market perception.
Moreover, this move suggests Ripple is not just building products with XRP—but is also doubling down on XRP as a reserve asset. If successful, this could inspire similar digital-asset treasuries across other crypto projects.
