Ripple $500 million from Citadel and Fortress at $40bn value?

• Ripple secured $500 million in new funding at a $40bn valuation from Citadel Securities, Fortress, and other institutional investors.
• RLUSD holds about $1bn in market value, while XRP stands near $133bn, ranking among the top global cryptocurrencies.
• The company acquired Hidden Road, GTreasury, and Rail, bringing payments volume on its platform above $95bn this year.

Ripple completed a new $500 million funding round that values the company at $40 billion. The investors include Citadel Securities, Fortress Investment Group, Brevan Howard, Marshall Wace, Pantera Capital, and Galaxy Digital. This round reflects how traditional finance firms are moving closer to regulated digital assets after the recent U.S. stablecoin legislation under President Donald Trump. Ripple, founded in 2012 in San Francisco, now focuses on building infrastructure for stablecoins and institutional payments. Its stablecoin RLUSD holds a market value of about $1 billion, while XRP, the company’s native cryptocurrency, ranks among the world’s largest digital assets. Ripple also reported that payment volumes on its platform have exceeded $95 billion this year.

Ripple raises $500 million at a $40 billion valuation

Ripple secured $500 million in new capital at a $40 billion valuation. Fortress Investment Group and Citadel Securities led the round, a notable endorsement from traditional finance. The syndicate also included Brevan Howard, Marshall Wace, Pantera Capital, and Galaxy Digital, according to coverage of the deal. The raise follows a year of friendlier U.S. policy under President Donald Trump and the passage of the GENIUS Act, the first federal stablecoin framework. That policy shift gives large financial institutions a clearer path to enter the sector. Ripple’s chief executive, Brad Garlinghouse, framed the deal as validation of the company’s market opportunity. The round also arrived on the heels of a $1 billion tender offer at the same $40 billion valuation, used to provide liquidity to employees and early backers. Reports indicate participation was limited as many holders chose to keep their stakes.

Ripple stablecoin momentum and the XRP backdrop

Ripple’s dollar-pegged stablecoin, RLUSD, crossed $1 billion in market value. That milestone reflects growing institutional use cases in payments, collateral, and treasury workflows after the new U.S. rules. The GENIUS Act requires monthly reserve disclosures and backing with cash and short-dated Treasuries, addressing long-standing concerns from banks. XRP remains a core asset in the broader story. Recent data places XRP as the fourth-largest crypto asset by market capitalization, with figures around the mid-$130 billions cited in mainstream financial press. Rank and market cap fluctuate day to day, yet XRP’s position near the top tier remains consistent across major trackers. The token’s profile matters because it underpins elements of the firm’s payments stack and liquidity routing. Circle offers the clearest U.S. stablecoin peer comparison. After listing on the New York Stock Exchange in June 2025, Circle’s market capitalization hovered in the mid-to-high $20 billions, underscoring how public market pricing now benchmarks private valuations in the category. Ripple’s $40 billion private mark therefore sits above Circle’s current public value.

Hidden Road, GTreasury, and Rail

Ripple bought multi-asset prime broker Hidden Road for $1.25 billion and has since rolled it into “Ripple Prime.” The platform supports institutional trading, collateral, and prime services across digital assets, with RLUSD used as a margin and settlement asset in certain workflows. The Hidden Road deal ranks among the largest acquisitions in the sector this year and expands the company’s reach into capital markets plumbing. Ripple also announced a $1 billion acquisition of GTreasury, a decades-old corporate treasury management provider. The move positions the company inside the finance teams of large enterprises that need to manage cash, foreign exchange, risk, and now tokenized money and stablecoins. Combining prime brokerage, payments, and treasury tooling aims to shorten settlement times and unlock idle working capital. A third deal adds a pure stablecoin payments rail. Ripple agreed to acquire Toronto-based Rail for $200 million to extend B2B stablecoin infrastructure across virtual accounts, payouts, and reconciliation. Rail’s institutional focus complements the firm’s cross-border network and supports use of RLUSD in day-to-day operations for fintechs and corporates.

Ripple payments scale and operating metrics

Management highlighted a sharp increase in throughput on its payments network. Company communications and coverage around the funding indicate Ripple Payments has processed more than $95 billion in cumulative volume, with near-global payout coverage across 90-plus markets. That footprint, paired with a $1 billion-plus RLUSD float, gives the firm scale advantages when quoting, settling, and moving balances across jurisdictions. Those numbers build on prior disclosures that pointed to more than $70 billion in processed volume before the latest jump. The acceleration coincides with a friendlier U.S. policy climate after July’s GENIUS Act, as well as increased adoption of tokenized dollars by corporates and fintechs for intraday liquidity, collateral, and cross-border payouts. The new round should fund deeper bank integrations and expansion of custody, prime, and treasury products.

Conclusion

Ripple now sits at the intersection of stablecoins, payments, and institutional market plumbing, with a $500 million raise at a $40 billion valuation, a $1 billion corporate treasury acquisition, a $1.25 billion prime-broker purchase, and a $200 million stablecoin infrastructure deal. The policy backdrop has shifted after Congress passed the GENIUS Act, and RLUSD has cleared $1 billion in market value while XRP maintains a top-four market position. The company’s $95 billion-plus payments tally and broader product stack suggest a strategy built on regulated stablecoins, fast settlement, and institutional rails rather than retail speculation.

Disclaimer

The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.

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