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 Silicon Valley Daily | Frontiers ▼ SV Daily · FRONTIER This article has a total of 1076 words Reading takes about 4 minutes Blockchain giant Ripple is once again in the market spotlight. the company recently Declared completed A new round of financing of US$500 million, company Valuations pushed up to US$40 billion, becoming the largest financing in the encryption field this year project one.  Ripple CEO Brad Garlinghouse This round of financing was provided by Castle Securities ( Citadel Securities), Fortress Investment Group affiliated funds, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace and other top institutions jointly led the investment. According to Crunchbase data, since its establishment in 2012, Ripple has raised nearly US$800 million in cumulative financing. The investor lineup behind it also includes Andreessen Horowitz, Lightspeed Venture Partners, Abstract and Standard Chartered Bank. It is worth noting that previously Ripple once launched a US$1 billion equity buyback plan at the same valuation, but according to relevant reports, the plan was not completed because it failed to attract enough shareholder participation. However, this has not affected the enthusiasm of institutional investors for Ripple’s new round of financing. “2024 is Ripple’s strongest year since its founding,” Ripple CEO Brad Garlinghouse said in a statement. “The company has initially focused on payment scenarios, and has gradually expanded to diverse businesses such as custody, stablecoins, prime brokers, and corporate fund management, and continues to promote the institutional-level application of digital assets such as XRP. ” Industry data shows that In 2025, the popularity of global financial technology financing will not decrease. As of November 5, the field has raised US$43.5 billion through 3,188 transactions, an increase of 26.8% from US$34.3 billion in the same period in 2024, showing that capital is accelerating into the blockchain and digital asset track. M&A drives ecological expansionIn the past two years, Ripple Conducted many transactions acquisition trade . according to According to Crunchbase statistics, the company has completed six M&A transactions, two of which exceeded US$1 billion. In April this year, it acquired the brokerage firm Hidden Road for US$1.25 billion. Even more create Got it Record of mergers and acquisitions in the crypto space. This series of acquisitions has helped Ripple has quickly entered emerging businesses such as prime brokerage and fund management. In March this year, the U.S. Securities and Exchange Commission dropped its lawsuit against Ripple for allegedly illegally issuing securities, which also cleared a key legal obstacle for the company. This move makes Ripple has become the world's first crypto company to own and operate a multi-asset prime broker, marking its major entry into the U.S. brokerage services industry. The company revealed that its prime brokerage business has tripled since news of the acquisition was announced. The crypto industry is ushering in signs of recoveryRipple’s financing dynamics reflect the overall recovery of the encryption market. Blockchain lending platform Figure's share price soared 24.4% on its first day of listing, and stablecoin issuer Circle soared 168% on the day it was listed on the New York Stock Exchange, with its market value approaching US$16.7 billion. These cases have reignited market confidence in cryptocurrency company IPOs. Industry insiders analyze that the political environment in the United States has become more friendly after the election, and the " The implementation of stablecoin regulatory frameworks such as the GENIUS Act has provided digital asset companies with a clearer development path. In an interview with CNBC, Ripple President Monica Long pointed out that the company’s current round of financing is not due to financial needs, but to introduce strategic partners to “jointly build the future of the industry.” Despite continued market volatility ——Bitcoin fell below the $100,000 mark this week, but leading companies such as Ripple are still accelerating their deployment. Long emphasized that the company currently has no IPO plans and will continue to rely on existing capital reserves to promote mergers and acquisitions and strategic cooperation and maintain its non-listed status. On the basis of payment business, Ripple launched a U.S. dollar-anchored stablecoin last year and acquired the enterprise-level stablecoin platform Rail, continuing to increase its all-weather cross-border settlement network. As competition in the digital asset infrastructure track intensifies, whether Ripple's institutional transformation can continue to lead will become an important benchmark for observing the direction of the industry. Compiled & written by Deng Chen Editor/Tangtang Daily Silicon Valley Insights Frontier More exciting ▼ Read More Google accelerates its TPU layout to challenge Nvidia’s hegemony Norwegian humanoid robot company raises 1 billion, aiming for a valuation of 10 billion Distyl, an upstart AI consulting company, is valued at 1.8 billion, shaking up the industry landscape n8n received US$180 million in Series C financing, and its valuation soared to 2.5 billion Valuation halved, cybersecurity unicorn Snyk trapped in acquisition dilemma AnySphere is valued at 30 billion, and the capital behind Cursor is enthusiastic SoftBank acquires ABB Robotics for $5.4 billion, betting on physics AI Reflection AI, raised 2 billion and valued at 8 billion NYSE parent company’s prediction market Polymarket competes with Kalshi Stoke Space received US$510 million in financing and turned to "defense-driven"” OpenAI deploys AI chips, ambitions and challenges with trillions of investments Fintech Upgrade received 165 million in financing and valued at 7.3 billion Together AI expands its self-developed data center and enters the emerging cloudxAI unconventional financing: Musk plans to build a super data centerBeta Technologies plans to raise 825 million, with a valuation of 7.2 billionLed consortium to acquire Aligned Data Centers for $40 billionValuation in 3 months from 1.5 billion to 4 billion! 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