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👆Follow me to share cutting-edge Web3 news every day👆Jinqun +Q: 3846328374 According to multiple sources, Ripple Labs is advancing a financing plan of approximately US$1 billion. It plans to raise external funds through special purpose vehicles (SPAC-like instruments) and combine it with part of its own XRP to form a new XRP exclusive treasury to centrally hold and manage a large number of XRP tokens. The plan is still in the negotiation stage and has not yet been finalized. Ripple has previously taken a key step in the corporate finance field and announced the acquisition of GTreasury, a large corporate financial management software provider, for approximately US$1 billion. The idea of raising funds to build a national treasury echoes the acquisition, highlighting its strategic intention to build a more formal XRP holding and management structure and further expand its business territory. The market's reaction to this was divided: during the time the news spread, the price of XRP fell by about 8%, reflecting investors' cautious attitude towards major corporate initiatives.  (Data source: TradingView) Enter skirt +Q: 3846328374 At the same time, the advancement of the new treasury has also caused multiple controversies: on the one hand, how to complete large-scale XRP acquisitions without causing violent price fluctuations, and the specific management mechanism of the treasury have yet to be clarified.； On the other hand, Ripple itself already holds a large amount of XRP and releases tokens from custody wallets on a monthly basis. Its further concentration of reserves may face strict scrutiny of governance rules by regulators and investors. Supporters believe that a centralized financial system can manage token reserves more clearly and help demonstrate the application value of XRP in corporate financing scenarios； Critics warn that the concentration of large reserves could increase risk concentration and lead to more regulatory scrutiny. Market speculation is that Ripple may combine this financial plan with GTreasury's technology to launch related financial services for other companies interested in deploying digital assets. That’s it for today’s article. I don’t know what to do in the bull market. Welcome to join the skirt+V: sun568298 for free.  |
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