Ripple said to lead $1 billion XRP treasury raise: Report
Ripple Labs is reportedly leading an effort to raise at least $1 billion for a new public-market vehicle focused on accumulating XRP. This initiative aims to create the largest known XRP treasury vehicle, testing institutional demand for XRP amid a cooling market for digital asset treasuries. The plan comes as investor interest in token accumulation has weakened following recent market fluctuations.
- ▪Ripple Labs is seeking to raise at least $1 billion through a special purpose acquisition company.
- ▪If completed, this would be the largest known XRP treasury vehicle to date.
- ▪The initiative aims to assess institutional demand for XRP in a challenging market environment.
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| Canonical URL | https://www.coindesk.com/markets/2026/05/30/ripple-said-to-lead-usd1-billion-xrp-treasury-raise-report |
| Publication time | Sat, 30 May 2026 11:35:56 +0000 |
| Retrieval time | 2026-05-30T11:42:10.381Z |
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailRipple said to lead $1 billion XRP treasury raise: ReportThe planned vehicle would be the largest XRP-focused digital asset treasury yet, even as investor appetite for token accumulation stocks has weakened after the recent crypto selloff.By Shaurya Malwa May 30, 2026, 11:35 a.m. 2 min readMake preferred on (CoinDesk)What to know: Ripple Labs is seeking to raise at least $1 billion via a special purpose acquisition company to create a public-market vehicle that will accumulate XRP.The proposed XRP-focused digital asset treasury, to which Ripple would contribute some of its own holdings, would be the largest known XRP treasury vehicle if completed.The plan will test whether there is sufficient institutional demand…
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