Ripple Raises $500M in Latest Funding Round to Hit a $40B Valuation
Blockchain and digital assets company Ripple has raised $500 million in its latest funding round, hitting a $40 billion valuation.
Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.
Blockchain and digital assets company Ripple has raised $500 million in its latest funding round, hitting a $40 billion valuation.
On Wednesday, the Wormhole team announced via X that the Wormhole Reserve has purchased one million $W tokens ($58k).
Lido announced via X on Wednesday that it is upgrading to Chainlink CCIP as its official cross-chain infrastructure for wstETH, adopting the CCT standard across all supported networks.
SBI Digital Markets (SBIDM) is adopting Chainlink as its exclusive infrastructure solution to power its digital assets platform.
Lighter, a leading perp DEX and the biggest ZK-based Ethereum rollup, has adopted Chainlink Data Streams as its official oracle solution, powering its RWA markets.
WisdomTree has adopted Chainlink to bring institutional-grade NAV data onchain to power subscriptions and redemptions for its CRDT tokenized fund on Ethereum.
Chainlink announced via X on Wednesday that it has partnered with GSR to launch a stablecoin enablement program powering the next generation of institutional-grade stablecoins.
S&P Dow Jones Indices and Dinari have selected Chainlink as the official oracle provider for the S&P Digital Markets 50 Index, powering official index values and live token prices for the multi-asset index.
Chainlink partners with Apex Group to create an institutional-grade stablecoin infrastructure solution supporting the Bermuda Monetary Authority’s embedded supervision initiative.
Cryptocurrency wallet provider Uphold has relaunched its U.S. debit card, earn up to 6% in XRP rewards when spending dollars, crypto, or stablecoins while using the debit card.
Binance has signed an MoU with the Bank of Bahrain and Kuwait (BBK), which would see BBK integrate Binance’s white label Crypto-as-a-Service solution directly into its Mobile Banking App.
KuCoin CEO praises Hong Kong’s regtech-driven approach to regulation, calling it a credible model for the global digital financial ecosystem.