Quick overview

Live XRP/USD Chart

---

Ripple Labs is leading a $1 billion fundraising effort to acquire XRP, the native token of its blockchain network. Reports indicate that the company is establishing a digital asset treasury to manage its XRP holdings. This treasury will be financed through a SPAC, which is a type of public shell corporation used to raise capital for partnerships or acquisitions.

Ripple plans to allocate some of its XRP to this treasury. The terms of the deal are still being negotiated and are subject to change.

If successful, this would be the largest XRP treasury ever established, placing XRP at the forefront of Ripple’s strategy to transform the global economy. The digital asset facilitates tokenization and cross-border payments, operating on its own ledger. To enhance tokenization in capital markets and increase XRP’s utility in traditional finance, Ripple has partnered with international investment firms.

The company’s ambition is to position XRP as a key asset in global trade and finance, aligning with recent partnerships and its participation in banking summits that highlight XRP’s role in significant financial transformations.

This initiative counters a trend where most corporate treasuries prefer Ether or Bitcoin for diversification. Although over 200 publicly traded companies hold more than $464 billion in digital assets, firms focused on XRP are rare. Notable examples include Trident Digital’s $500 million plan announced in June and VivoPower’s $121 million pivot in May 2025.

A 10x increase in XRP’s price to $26 would raise its market value to approximately $1.45 trillion, surpassing Ethereum’s current value and matching Bitcoin’s if BTC reaches $110,000. Even a conservative annual volume of $1 trillion would necessitate billions in XRP liquidity, leading to a reduction in supply through transaction fees and creating scarcity.

Ripple is set to launch its DeFi lending layer on XRPL, allowing institutions to borrow against XRP without requiring collateral.

The market for tokenized real-world assets (RWAs), such as bonds and real estate, is booming on XRPL. This global market is valued at $650 trillion, and even a 1% inflow could generate significant trading activity. Collaborations with countries like Bahrain and the United Arab Emirates, along with Bank of America’s testing of XRP for payments, suggest the potential for unlocking trillions of dollars in capital. Federal Reserve Chair Jerome Powell has called for immediate U.S. settlements, emphasizing that XRP’s 3-5 second transaction speed is ideal for such needs.