Ripple Lands $500M At $40B Valuation As Crypto’s Good Year Continues

Ripple, a crypto payments startup, has raised $500 million at a valuation of $40 billion, marking a significant achievement in the company's history since its inception in 2012. Led by several financial firms, Ripple has amassed nearly $800 million in funding overall. This funding round follows a failed attempt by Ripple to buy back $1 billion worth of shares from employees. CEO Brad Garlinghouse noted the company's growth from focusing solely on payments to expanding into custody, stablecoins, prime brokerage, and corporate treasury services utilizing XRP. In 2025 alone, global venture funding for financial technology startups reached $43.5 billion, reflecting a robust increase from the previous year. Furthermore, Ripple's recent acquisitions have strengthened its presence in the financial services industry, highlighted by a notable $1.25 billion acquisition of an unnamed brokerage house. The crypto sector is currently experiencing a resurgence, showcasing positive movements among various blockchain companies.

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