Wall Street piles in: How Ripple’s quiet pivot led to a $40B valuation
Ripple’s $500 million raise shows its post-SEC shift is working, as Wall Street piles in under a deal reportedly offering rare protections and guaranteed returns.
Ripple’s $500 million raise in November marked a striking turn for a company once defined by its bruising, multiyear battle with the US Securities and Exchange Commission. As its legal challenges ease and Ripple pushes beyond cross-border payments toward a more ambitious crypto-native settlement stack, the company is repositioning itself in ways that are increasingly attracting major Wall Street investors.
The round, which Cointelegraph reported valued Ripple at $40 billion, one of the highest valuations for a private company, drew an unusually heavy institutional roster. Investors included Citadel Securities, Fortress Investment Group and funds linked to Galaxy Digital, Pantera Capital and Brevan Howard.
New details reported by Bloomberg also shed light on how Ripple secured that interest — namely, by offering investors a deal structured with significant downside protections.
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