$XRP Treasury Plans Target $1 Billion Fundraise RippleLabs is organizing a fundraising initiative to purchase $1 billion worth of XRP$XRP tokens for a new digital asset #treasury, according to Bloomberg sources. The company plans to structure the fundraise through a special purpose acquisition company, with Ripple contributing additional tokens from its existing holdings to the treasury. The transaction details remain under discussion and could shift before finalization, sources told Bloomberg. Ripple Labs has not provided immediate comment on the reported plans. The move would position Ripple as the dominant player in XRP$XRP #treasury operations, a space that has seen limited activity compared to BTC$BTC and ETH$ETH. Current data shows Ripple already controls over 4.5 billion XRP$XRP tokens based on its May markets report. The circulating supply of $XRP exceeds 59 billion tokens. A $1 billion purchase at current prices would add approximately 427 million tokens to the company's holdings.
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https://farcaster.xyz/cryptoava/0x9470bf35
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“Ripple is dumping on retail” Everyone who listened to the haters will regret it. XRP will be the most valuable asset in the world. Ripple cannot use escrow because IMO it is already pre-allocated. It makes sense; everything must be ready for when they flip the switch. $XRP
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