Ripple's $500 million funding campaign in November attracted the participation of many Wall Street giants, marking a milestone in cryptocurrency's evolution from a marginal asset class to the mainstream financial sector. Investors, including Citadel Securities LLC and Fortress Investment Group, invested in the company at a valuation of 40 billion US dollars, setting a valuation record for a private digital asset company. But the transaction structure also highlights the cautious attitude taken by institutional investors when diving deeper into this volatile sector. The agreement contains key protections: the right to resell shares to Ripple at a guaranteed rate of return, and priority treatment in the event of major events such as bankruptcy or sale. For some investors, Ripple is essentially betting on a single cryptocurrency. People familiar with the matter revealed that the two funded funds assessed that at least 90% of the company's net asset value comes from a cryptocurrency called XRP. As of July, Ripple held $124 billion worth of this token, most of which was limited by lockdown arrangements and gradually released.

Ripple's $500 million funding campaign in November attracted the participation of many Wall Street giants, marking a milestone in cryptocurrency's evolution from a marginal asset class to the mainstream financial sector. Investors, including Citadel Securities LLC and Fortress Investment Group, invested in the company at a valuation of 40 billion US dollars, setting a valuation record for a private digital asset company. But the transaction structure also highlights the cautious attitude taken by institutional investors when diving deeper into this volatile sector. The agreement contains key protections: the right to resell shares to Ripple at a guaranteed rate of return, and priority treatment in the event of major events such as bankruptcy or sale. For some investors, Ripple is essentially betting on a single cryptocurrency. People familiar with the matter revealed that the two funded funds assessed that at least 90% of the company's net asset value comes from a cryptocurrency called XRP. As of July, Ripple held $124 billion worth of this token, most of which was limited by lockdown arrangements and gradually released.