October 18, 2025

Ripple is raising $1 billion through a SPAC to buy and hold more XRP tokens

Ripple Labs is raising $1 billion to fill up a new crypto war chest with more XRP, even as most of the market is still wrecked from last week’s meltdown.The company is creating what it calls a digital-asset treasury, or DAT, which will be stacked with …

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